million in May 1917 it had grown to $37 million in capital by the end of 19...
Citations (1)
- All the Presidents' Bankers: The Hidden Alliances That Drive American Power whole source · open book
million in May 1917 it had grown to $37 million in capital by the end of 1932, with $18 million in surplus and profits.66 The securities arm was so powerful that in July 1929 it bought 98 percent of the American Express Company. Nor were Aldrich’s moves altruistic.
chapter: Chapter 6: The Early 1930s: Tenuous Times, Tax-Evading Titans