National Affairs: Ring-Around- A-Rosy

Greatest single U. S. bank crash was that of New York City's slyly named, shyster officered Bank of United States, which last December closed the doors of its 59 branches on 400,000 customers who had $160,000,000 deposited at the time. Investigation by the State revealed a vast tangle of suspicious irregularities. After two months eight officers of the bank were indicted for willful misappropriation of funds. Five were ordered to trial: President Bernard K. Marcus, son of the institution's founder; Russian-born Chairman of the Executive Committee Saul Singer; Counsel Isidor Jacob Kresel, one-time...

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