Word: partnerized
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Earle Bailie had been called from the banking firm of J. & W. Seligman, of which he is the most active partner, to coach Acting Secretary Morgenthau, himself no banker, on large scale bond flotations. Had Senator Couzens been pressed to explain why he wanted Earle Bailie fired, he would have pointed to the Senate's foreign bond investigation which two years ago found some defaulted Peruvian bonds sponsored by J. & W. Seligman, and a $415,000 "commission" paid by the firm to the son of Peru's late President Leguia...
...Since Partner Seligman was 76 when he died, had been inactive in the firm for years, politicians viewed this reason as polite fiction. Senator Couzens' threats seemed more plausible; proved again that any Wall Streeter is good mincemeat for the Congressional sausage-machine...
...Norval A. Hawkins, Ford's salesmanager, was staging a nation-wide sales contest and to everyone's surprise the young Texan won it. Soon he was working directly for Ford. Next he became head of Reo's sales in California. Then he moved to Manhattan as partner in a firm of Metropolitan Chrysler distributors. From there he moved into Chrysler Motors & the Chrysler family, by marrying Walter Chrysler's eldest daughter, Thelma. In 1932 as president of the company he took hold of De Soto, gave it a new round radiator grill and many another feature...
...York's Governor Herbert Henry Lehman was a partner in this family firm before he went into politics...
Wall Street wags last week insisted that the only reason the House of Morgan took in no new partners on Jan. 1 was that the firm could find no one who would join. The Senate Banking & Currency investigation, they said, had stripped all glamour from a Morgan partnership. But admittance of a new Morgan partner is by no means an annual event. Last one to sign the articles of copartnership was Charles Denston Dickey two years...