Word: otto
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...inquiry into their own hands. Senator Fletcher insisted upon going on without them. Never in his long political career had he been privileged, uninterrupted, to do so outstanding a public service. Last week in the course of that service he had the pleasure of shaking hands with famed Partner Otto Kahn of America's second biggest private banking house: Kuhn, Loeb. Not having met Mr. Kahn before, he was not only pleased but surprised to hear the banker, who prides himself on being one of the artistic intelligentsia, lard his testimony day after day with such comments...
...That Otto Kahn and three other unnamed partners control the firm...
...about spreading culture (the tin-cup cry of the Metropolitan). But if their autumn venture is as successful as the one just ending they may continue giving opera into the winter, offer the Metropolitan its only opposition since Oscar Hammerstein built his 34th Street theatre, drew such crowds that Otto Kahn paid him a million dollars to go away...
...were members of the firm prior to 1928: Felix Warburg, elected 1896, now active only in an advisory capacity, whose chief concern today is with the long tier of filing cabinets containing the desiers of his numberless charities which stand behind his desk in the K. L. office; Otto Kahn, elected 1897, diplomat of the firm, whose numerous public and private appearances, not to mention ill health, have in recent years reduced his time...
...house survives in something more than name for it has always been a family firm. The House of Morgan until, very recent times selected practically all its partners from outside its family. Kuhn, Loeb pursued just the reverse policy. Felix Warburg was son-in-law of Jacob Schiff. Otto Kahn was son-in-law of the late Abraham Wolff (one of the early partners). Since 1931 Felix Warburg's wisecracking Son Frederick, Otto Kahn's twice-married Son Gilbert, have been members of the firm. And Jacob Schiff's Grandson John, only 26 years old, became...