Word: cosgriff
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Dates: during 1950-1959
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Last month, however, Transamerica nudged into Eccles' backyard; it bought three banks and four branches (for about $2,000,000) in Idaho from Walter E. Cosgriff, longtime Eccles rival and onetime RFC director. Last week Transamerica went onto the doorstep; it agreed to buy Salt Lake City's Walker Bank & Trust Co., Utah's oldest and second biggest bank, for $200 a share, will probably end by paying $14 million...
...year's end, with U.S. personal debts at $800 for every man, woman and child in the nation, many businessmen shook their heads over credit's spectacular rise. Warned Salt Lake City Banker Walter E. Cosgriff: "Almost everyone is aware that if you increase the amount of steam required to pull a locomotive, you'd better be careful, or you'll blow the thing up." No one was more aware of this than the U.S. Government's monetary and fiscal experts. From the start, the Federal Reserve Board under Chairman William Mc-Chesney Martin kept...
...much McCommitteeism, the subcommittee concluded that it would make no recommendation about McCarthy's fitness to serve, but would leave that to the Senate itself. As for Benton, it filed only a brief report agreeing with him that in 1950 he "badly handled" $600 in contributions from Walter Cosgriff, a Salt Lake City banker, while Cosgriff was being considered for an RFC directorship. The question, observed the subcommittee, is more or less moot, since Benton was defeated last November...
...Director Walter E. Cosgriff, Republican, agreed this week that he and the other four directors should all get out "to restore public confidence and employee morale...
...vacancy left by Director Henry Mulligan, who resigned almost four months ago, the President last week made three nominations: two were Democrats-Oklahoma Banker W. Elmer Harber and Massachusetts Lawyer C. Edward Rowe-and the third was a Republican who talks like a Democrat: Utah Banker Walter E. Cosgriff. The President also renominated RFC Director William E. Willett, to a three-year term. He will probably be the new RFC chairman...