Word: investors
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Dates: during 1930-1939
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Paramount among the Commission's objectives as explained by Landis, are improvement of corporate practices, subordination of the role of speculation in national life, and making the investment process intelligible to the investor. Its reports aim not to give financial advice, but to furnish a means for the buyer himself to invest intelligently...
Purpose of the magazine is to give no market tips, just information which a businessman or investor might be glad to mull over or file away. Said Editor Kauffman: "It has nothing to sell except itself...
...late years. Hand-picked for the Senate by Railroad Coordinator Joseph B. Eastman was a list of likely subjects. Much of the preliminary field work in the investigation was done by the experienced staff of the Interstate Commerce Commission. Named as inquisitor was Max Lowenthal, lawyer-author of The Investor Pays. Fortnight ago Senator Wheeler sat down for the first hearings in Washington to harvest his publicity...
...Thus, an investor who purchased 100 shares of RKO common stock in 1929 found his holdings reduced to 25 shares by the four-for-one reverse split in 1931. If the present reorganization plan goes through those 25 shares will become 12? shares. Those shares will, however, be worth about $16 each on the basis of last week's price for the old stock. For the oddest theme in the RKO story is that while its finances went from bad to worse, its position in the cinema industry showed astonishing improvement. In booming 1929, RKO was hardly more than...
...recurrence of financial panic. Equally attractive is the "experiment with government ownership of utilities," which may appear as justice to all sorts of political malcontents, but which promises to ruin one of America's most highly capitalized industries, the vast majority of whose securities is held by the small investor. This myopic view of what was once called "liberalism" is shown again in the applause at Roosevelt's social security measures. Small regard is taken of the years the workers will have to pay before realizing any return, and the fiscal danger of the gigantic surplus to be piled...