Wall Street: The Renaissance Banker

With a breakfast-time disquisition on "Stresses Within the Communist Bloc," Washington's WTTG TV last week began to broadcast a series of uncompromisingly erudite lectures on international affairs by professors of New York's Columbia University.* Behind this brainstretching venture, which drew a rare rave from FCC Chairman Newton Minow, stood an unlikely figure: Investment Banker Armand Grover Erpf, 64. In 26 years as a partner in Manhattan's prestigious Carl M. Loeb. Rhoades & Co.. elfinlike Armand Erpf has displayed an uncanny nose for investment opportunities that has led fellow financiers to label him "a professionals' professional.'' But whenever possible....

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