Business: A. P.'s Net

Oetje (pronounced eachie) John Rogge was a Harvard Law School classmate of Tommy Corcoran, currently has the juicy job of handling SEC's attack on Transamerica Corp., the $138,000,000 bank holding company accused of registering "false and misleading statements."

Transamerica's boss, old Amadeo Peter Giannini, having retorted that it was simply a matter of accounting theory, began fighting SEC with all the wrath his hot Italian blood could generate. In Washington last week, after a month of legal fencing, Lawyer Rogge haled Mr. Giannini's personal secretary to court. She refused to talk. So did three...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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