The Go-Go Years (52 page)

Hanna, Mary Cole,
224

Harriman, Averell,
105

Harriman, E. H.,
65

Hart, Milledge A., III,
16
,
17

Hartford Fire,
235

Harvard University Endowment Fund,
282
,
285

Haupt (Ira) and Company,
140
,
151
,
315
,
316

Hayden, Stone and Company,
318
,
321–24
,
325–28
,
330

Heaton, Edward,
see
Gilbert, Edward M.

Hedge funds,
141–44
,
268
,
348–49
.
See
also Mutual funds

Heinemann, H. Erich,
242
,
244–45

Heuss, John,
222

Hirsch and Company,
335

Hodes, Robert,
252

Hoffman, Abbie,
11
,
215

Hogle, James,
331

Holding companies,
4
.
See also
Conglomerates

Hoover, Herbert,
293
,
300
,
309

Hornblower Weeks,
246

Hubby (C. F.) Company,
129

Hughes, Howard,
275

Huntington, Collis P.,
109
,
110

Huntington, Francis C.,
218–21

Hupp,
27

Hutton (W. E.),
283

Hyman, Eliot,
349

I.B.M.,
231–32
,
233
,
239
,
305

Ideal Leasing Company,
233

Ideal Rubber Products,
231

Incorporated Investors,
130

Insider trading,
5
,
85–86
,
115–16

Institutional investing,
260
,
263–66

Institutional Investor, The
(journal),
146–47
,
210–11

Interest rates,
3
,
152
,
261

International Leisure,
279

International Playtex,
169

International Telephone and Telegraph,
see
I.T.T.

Interstate Department Stores,
29

Investment, ethics of,
219–21

Investment Company Institute,
89

Investment pools,
141
,
143

Investment trusts,
4
.
See also
Conglomerates

Investors Diversified Services,
289

Investors Overseas Services (I.O.S.),
271
,
276
,
277
,
298
,
348

Irving Trust,
239
,
248

Isaacson, Walter,
321

I.T.T.,
96
,
135
,
152
,
178–80
,
235
,
301
,
320

Jackson, David S.,
37
,
38–54

Jacobs (F. L.) Company,
51

Jaegerman, Edward,
43

Janeway, Eliot,
214
,
292
,
300

Jenrette, Richard,
183

Jews: as conglomerateurs,
169–70;
on Wall Street,
116–18

Johnson, Edward Crosby, II,
129–139
,
145
,
149

Johnson, Edward Crosby, III,
134
,
138–39
,
145

Johnson, Lyndon B.,
97
,
98–99
,
216

Johnson, Raymond,
224

Jones, Alfred Winslow,
142–44

Jones (A. W.) and Company,
142–43

Jones and Laughlin Steel,
168

Kahn, Otto,
105

Karr, David,
155

Kennedy, David,
301

Kennedy, John F.,
26–29
,
56
,
82–84
,
96–97
,
98
,
215

Kennedy, Joseph P.,
83

Kentucky Fried Chicken,
184

Kickbacks,
150–51

Kidder, Peabody and Company,
85
,
217
,
283
,
319
,
346

Klein, Eugene,
173
,
174

Kleindienst, Richard G.,
320

Kleiner, Bell and Company,
140
,
276
,
278
,
317

Kleiner, Burt,
275–78

Kohlmeier, Louis M., Jr.,
84

Korshak, Sidney R.,
274–76
,
277
,
278

Korvette,
29
,
96

Krebs Pigment and Chemical,
155

Kreuger, Ivar,
122

Kuhn, Loeb and Company,
116
,
121
,
123
,
246

Lambert and Company,
119–24

Lambert, Jean,
119–20

Lamont, Thomas S.,
115–16

Lamont, Thomas W.,
105
,
115

Landis, James M.,
84

Langone, Kenneth,
17–18
,
19
,
23

Lasker, Bernard J.,
287
,
293–95
,
301
,
302
,
303
,
352
; brokerage finances and,
318–47;
Nixon and,
295–97
,
298–300

Lasker, Stone and Stern,
294

Law, Warren,
161

Lazard Frères and Company,
61
,
76
,
77
,
319

Learson, T. Vincent,
239
,
241
,
257

Leasco Data Processing Equipment Corporation,
175
,
227
,
305
,
349
,
353
,
354
; Chemical Bank and,
238–59;
Reliance Insurance and,
233–38
,
325

Lefèvre, Edwin,
130

Legislation,
93–94
,
253–54
,
255–56
,
342
,
350

Lehman Brothers,
9
,
186–87
,
193
,
217
,
250
,
251

Lehman, Herbert,
105

Lehman, John R.,
217

Lerner Shops,
169

Letter Stock,
267–70

Levine, Lynn,
224

Levy, Gustave,
46
,
294
,
339

Levy, Leon,
349

Liberty League,
111

Lindsay, John V.,
295

Ling Electronics,
165
,
166

Ling, James Joseph,
165–68
,
170
,
174
,
298

Ling-Temco-Vought,
24
,
261
,
353
,
354
; as conglomerate,
152
,
166–67
,
175
,
181
,
298
,
305

Lipp, Robert I.,
241

“Liquid real estate,”
272

Litt, Solomon,
319

Litton Industries,
27
,
135
,
153
,
261
; as conglomerate,
152
,
155
,
175
,
180–81
,
305

Livermore, Jesse L.,
5
,
130
,
137

Livingston, Elsie,
129

LM Electronics,
165

Lockheed Aircraft Corporation,
10
,
309

Loeb, Gerald M.,
27

Loeb, John, Sr.,
61
,
76
,
77

Loews Corporation,
136
,
349

Long, Augustus C.,
239
,
241
,
257

Louis, Arthur M.,
173

Lovett, Robert,
105

LSB Industries,
322

LTV Tower,
273

Lucayan Beach (hotel),
122

Lufkin, Dan,
349

Lytton, Bart,
112

Lytton Financial Corporation,
112

McCall, Howard,
248
,
250
,
252

McCarthy, Eugene,
93
,
111

McCormick, Edward T.,
29
,
33–54

McCracken, Paul,
297
,
301

McCrory Corporation,
169

McDonnell and Company,
317

McFadden, J. A.,
241
,
243
,
252

McLaren, Richard W.,
288

MacNaughton, Donald,
301

McSande, Sandy,
see
Guterma, Alexander

Madison Fund,
123

Manhattan Fund,
145–49

Mann, Johnny,
34
,
35

Manufacturers Hanover Trust Company,
106
,
239
,
248

Manufacturers Trust,
106

Margin requirement,
306

Market operators,
4–5

Marquez, Thomas,
16
,
17
,
20–21

Martial and Company,
65

Martin, William McChesney, Jr.,
81–82
,
99–100
,
102
,
253
,
351

Mary Carter Paints,
175

Massachusetts Investors Trust,
129

Massachusetts Mutual Life,
124

Mates, Frederick S.,
216
,
267–70

Mates Investment Fund,
267–70
,
353
,
354

Maxwell, Elsa,
65

Meehan, Mike,
35

Mergers,
154
,
157–58
,
227–40
,
262–63;
of brokerage firms,
317
,
325–28
,
329–33
,
335–45;
mechanics of,
160–61;
resistance to,
175–77
,
240–59
.
See
also Conglomerates

Merrill Lynch,
184
,
297
,
300
,
301
,
334
,
356
; back office of,
192
,
193
; Goodbody merger with,
332–33
,
342–43

Merritt Chapman and Scott,
155

Metz, Robert,
177
,
242

Meyer, André,
61
,
319
,
320

Meyerson, Morton H.,
346

Michigan Bumper,
170

Minnie Pearl's Chicken System, Inc.,
174

Mitchell, John,
301
,
333

Molé, Harvey E., Jr.,
120
,
121

Montreal Trust Company,
124

Moody, John Wallace,
223–25

Moody's Investors Service,
121

Mooney, Michael E.,
41

Morgan, Campbell Powell,
119
,
121–22
,
125

Morgan (J.P.) and Company,
5

Morgan, J. Pierpont,
2
,
65
,
89
,
105
,
111
,
116

Morgan Guaranty Trust Company,
5
,
115
,
121
,
239
,
248
,
282
,
285

Morgenstern, Oskar,
167

Morgenthau, Robert M.,
82
,
195

Motorola,
220

“Multiple flogging,”
243–44

Mutual Broadcasting Company,
31

Mutual-fund management companies,
149

Mutual funds,
58
,
101–2
,
131
,
139–40
,
260
,
349
; letter stock and,
266–70;
S.E.C. and,
91–92
,
151
.
See also
Hedge funds; Names of specific funds

NASDAQ(computer system),
21

National Ammonia,
155

National Association of Securities Dealers,
89
,
185

National General Corporation,
174
,
261

National Power and Light,
155

National Student Marketing Corporation,
280–85
,
353
,
354

Navarro, Rafael G.,
272

Needham, James J.,
350

Netter, Edward,
234–35
,
236–37

New issues,
27–28
,
184
,
278–85

New Jersey Zinc Company,
171

New York Hanseatic Corporation,
122

New York Stock Exchange,
89
,
188–90
,
350–51
,
356
; blacks and,
209–10;
C.C.S. and,
194–95;
Rule
325
of,
312
,
314–15
,
323
,
345
; Rule 394 of,
150
,
151
; Special Trust Fund of,
315–18
,
320
,
323
,
324–25
,
333
,
342
; Surveillance Committee of,
319–47;
volume on,
56–57
,
97
,
183–84
,
190
,
205
,
216
,
261
; women and,
208
,
210

Newburger, Loeb and Company,
209

Nixon, Richard M.: Lasker and,
295–97
,
298–300
,
327
; S.E.C. and,
286–90
,
292
; Wall Street and,
300–4

Northerlin Company,
78

Northern Miner, The (journal),
118