Word: broker
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Claire Windsor, film actress, defending a $100,000 alienation of affections suit in Hollywood, admitted she had written the following in her first love-letter to Broker Alfred C. Read Jr.: "Darling, you have been gone only three hours. It seems strange to come up to my room and not call you to let you know I am here, and in a few minutes I will be eating alone...
Married. Alexander Perry Osborn, Manhattan broker, eldest son of famed Paleontologist Henry Fairfield Osborn; and one Marie Cantrell Belew of Fort Worth, Tex., onetime dress model; in London...
Meantime in Topeka worse and worse transpired. Ronald Finney in his capacity as bond broker had had bonds printed for municipalities and school districts. He was accused of having had double sets of false bonds printed, with signatures forged supposedly by one of his employes, Leland Caldwell. As agent for his father's banks he deposited one set of forged bonds with the State Treasurer, gave a second set of forged bonds to banks and brokers as collateral for loans and advances. None of the forged bonds apparently was sold to the public, for then coupons would have come...
...regulation, Manhattan's Stock Exchange was saved by outside stimulants. Following pricking of the speculative bubble three weeks ago, the Senate's busy Prosecutor Ferdinand Pecora called on Exchange President Whitney, told him speculation must be curbed. Last week the Exchange announced two new rules: 1) brokers must report weekly to the Exchange all that they know of the operations of pools and syndicates; 2) traders with debit balances of over $5,000 must maintain margins equal to 30% of the debit balance; those with debit balances less than $5,000 must maintain a margin equal...
Most famed of all U. S. hot bond fences was James A. Connolly of Minneapolis who did business as an over-the-counter broker, was listed in the Security Dealers of North America redbook. Though he operated chiefly in the Midwest, his favorite trick was to wire a Manhattan broker for a bid on a block of bonds. Whatever was bid he promptly accepted, then mailed the bonds draft attached to a Manhattan bank, received his money long before the broker sniffed a rat. In New York State a seller of hot goods has virtually the same legal status...