Business: Large Ghost Laid

Not even the stately halls of the world's largest banks are free from corporate ghosts. For almost a year one of them has lurked disturbingly in the recesses of Chase National Bank. Were it articulate this ghost might well have slid into the offices of Governor Albert Henry Wiggin and whined: "I am the ghost of William Fox's mismanagement of Fox Film Corp. I was created during the wild days of 1929 when he expanded quickly and without funds. Last year I was temporarily silenced when Fox Film fought off receivership by selling...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!