Word: thalmann
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Dates: during 1940-1949
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Outlanders In. Formed by New York's Ladenburg Thalmann & Co., and Lazard Frères & Co. (Phelps Dodge's Louis Gates, and David Rockefeller, youngest son of John D. Rockefeller Jr., came in later), American Anglo had an option to buy a one-third interest in any projects launched by able Bob Hersov. The Americans had put up $5,000,000, had agreed to ante up more as the need arose...
Last week Wall Street's Ladenburg, Thalmann & Co. and Lazard Freres & Co. announced the formation of the American Anglo-Transvaal Corp., a privately-financed company to promote mining and industry in South Africa. (No stock in the new company will be offered to the public for the time being.) The London firms of Lazard Brothers & Co. and J. Henry Schroder were invited to share in the original $9 million subscription of American Anglo-Transvaal, and accepted...
Died. Dr. Kurt Rosenfeld, 66, "the Clarence Darrow of Germany"; after long illness; in Queens, L.I. A Socialist, onetime Prussian Minister of Justice, longtime Reichstag member, he gained fame for his legal defense of hot-to-handle personalities (Revolutionists Rosa Luxemburg, Ernst Thalmann, Kurt Eisner). He was said to be the only lawyer who ever got Hitler on the witness stand, and on that occasion (a 1932 libel trial) so enraged Adolf that he shouted himself into a fine for unruly behavior. Dr. Rosenfeld escaped from Germany the next year...
Leader of the German Communist Party, Ernst Thalmann, works on a prison farm outside Hanover, is healthy, is still a Communist. On his last birthday he received thousands of letters...
...agreed to raise $30,000,000 of new capital by selling 600,000 shares of preferred stock to present stock holders, including his dominant Transamerica Corp., the unsubscribed balance to the public (TIME, May 13). After the private offering to common stockholders hit a stone wall, the underwriters (Ladenberg, Thalmann, Otis & Co. and John J. Bergen & Co.) called it a day for the duration of the panic...