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Competitive bidding minimizes the banker's sense of responsibility and destroys his professional relationship with his client; it tends to cause overpricing of securities and high-pressure salesmanship of "shoddy goods" to unwary buyers; competing brokers, unsure who will get the order, tend to make superficial studies of securities' quality; competitive bidding, in the long run, would eliminate the small dealer, now supported by sharing on flotations...

Author: /time Magazine | Title: SECURITIES: Stanley's Four-Bagger | 1/1/1940 | See Source »

...scenes of Gone With the Wind had been shot. A flat representing the Atlanta warehouse district was constructed in front of the old sets. In the light of the dying flames Myron Selznick, Hollywood's No. 1 agent, stepped over to his brother. With him was his British client, wasp-waisted, tilt-browed, hazel-eyed Cinemactress Vivien Leigh (pronounced Lee), who had slipped into Hollywood allegedly to see Laurence Olivier. Said Myron Selznick to David Selznick: "Dave, I want you to meet Scarlett O'Hara...

Author: /time Magazine | Title: Cinema: G With the W | 12/25/1939 | See Source »

...under the "leader principle" Kuhn could spend the money any way he liked-but not on a woman, said one Bundster, either vacillating or jealous. They heard Tom Dewey, summoned as a defense witness by Kuhn's lawyers, who hoped to show that malicious prejudice brought about their client's indictment. Said Dewey, asked if he hated the Bund: "It is really very difficult to call it hatred, when it is really merely contempt...

Author: /time Magazine | Title: NEW YORK: Trouble | 12/4/1939 | See Source »

...stumpy, determined, middle-aged woman, she wisely wore a quiet black dress and small black hat with large black velvet snood into which she tucked her mouse-brown hair. Her attorney, King's Counsel Mr. Gilbert Beyfus, opened cautiously by tracing events back twelve years to his client's first meeting with Lord Rothermere. The Viscount, he declared, "told the Princess in 1927 that he had decided to work for the restoration of the Hohenzollern and Habsburg dynasties. He wanted to be a modern Warwick-the-King-Maker and work on the European rather than the English field...

Author: /time Magazine | Title: Foreign News: Mystery Woman | 11/20/1939 | See Source »

...that the world he has been brought up in is false, alas, he totes his bruised adolescence off to Father No.1, long since weaned from the bottle by David's influence and now a city editor. But to protect Father No. 2's in with his biggest client, Mother has already got to Father No. 1, who runs out on David. Disillusioned, with much boyish charm David tells Mother she has made a nice mess of both their lives. She packs him off "where he belongs," to Father No. 1, who never did run out anyway, is still...

Author: /time Magazine | Title: Cinema: The New Pictures: Oct. 9, 1939 | 10/9/1939 | See Source »

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