Business: Great Expectations

John Barrymore, Wallace Beery, and many another in the film colony who had deposits in Los Angeles' Guaranty Building and Loan Association in 1930, find it difficult to forget the name of the Guaranty's former secretary and general manager, one Gilbert H. Beesemyer. Seven years ago, they and 24,000 other Guaranty depositors discovered that he had stolen eight million dollars from the company (TIME, Jan. 5, 1931). Embezzler Beesemyer went to San Quentin Prison for 44 years. Since then no less than 2,500 Guaranty depositors have gone to the poorhouse or the insane...

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