SECURITIES: Stanley's Four-Bagger

In the white marble vastness of the U. S. Senate office building caucus room, one day last week, sat lean, grey Harold Stanley. Head of Morgan Stanley & Co. Inc., No. 1 U. S. investment house, he had gone to Washington to be questioned by the Temporary National Economic Committee in its inquiry into investment banking. Earlier the committee had heard hard-boiled Charles E. Mitchell, onetime head of Manhattan's National City Bank, later tried and acquitted of charges of income tax evasion (but forced to settle a Government lien for $1,384,222, taxes and...

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