The Go-Go Years (51 page)

Black Thursday (Oct. 24, 1929),
25
,
293
,
303

“Blackie,”
200–4

Blacks on Wall Street,
110–11
,
208–10

Blair and Company,
324

Bliss (E. W.),
171

Block positioning,
263–66

Blough, Roger M.,
56

Blue Monday (May 28, 1962),
56–58
,
72

Bluhdorn, Charles,
170–73

Blume, Marshall,
349

Bocklet, Charles,
34
,
35
,
41

Boise Cascade,
262

Bon Ami Company,
51

Bonanza International,
280

Bond trading,
264

Booz, Allen and Hamilton,
233–34

Borg-Warner,
155

“Bottom-line,”
156–57;
,
160
,
262

Brokerage firms: back offices of,
185–87
,
191–200
; capital structure of,
311–18
; collapse of,
318–47
; commissions of,
261
,
339–40
; mergers of,
317
,
325–28
,
329–33
,
335–45

Brokers: earnings of,
221
,
355
; ethics of,
219–21

Bronfman, Phyllis,
119

Brown Brothers,
217

Bruce (E. L.) and Company,
61
,
63
,
68–77

Brunswick,
27

Buckley, William F., Sr.,
38

Budge, Hamer H.,
277
,
288–89
,
296

Burns, Arthur,
301
,
302
,
303

Butler, John V.,
222

B.V.D.,
169

Cadwalader, Wickersham and Taft,
30

Cady, Roberts and Company,
85–86

Cage, BenJack,
75

Callas, Maria,
66

Canada, U.S. investments in,
118–25

Capes-Viscose,
155

Carr, Fred,
140
,
211
,
267

Carter, Arthur,
235

Carter Auto Transport,
234

Carter, Berlind and Weill,
234
,
235
,
238

Cary, William Lucius,
82–98
,
286
,
339

Cassini, Igor,
65
,
77

C.C.S. (Central Certificate Service),
194–95

Celotex Corporation,
68–74
,
76

Certain-teed,
29

Chance Vought Corporation,
166

Chase Manhattan Bank,
107
,
171
,
239
,
248

Chase National Bank,
5

Chemical Bank New York Trust Company,
146
,
175
,
227
,
228
,
238–59

Chesapeake and Ohio Railway,
121

Chicago and North Western Railroad,
176

Chicago Board of Trade,
326

Chilean Telephone Company,
179

Christie, Alan T.,
119–20

Chrysler,
220
,
221

Chrysler, Walter P.,
141

Churning,
220–21

Cities Service,
42

City Associates,
143

City Investing,
152

Claflin, Tennessee,
110

Clark, Jack L.,
322

Clayton Act,
254

Clermont Towers,
273

Clews, Henry,
109

CMI Corporation,
322

C.N.A. Financial Corporation,
148–49

Cogan, Berlind, Weill and Levitt,
325

Cohen, Isidore,
302–3

Cohen (Joseph) and Sons,
303

Cohen, Manuel F.,
98
,
99
,
150
,
286–87
,
288

Cohen, Milton H.,
88

Coleman, Delbert William,
274–78

Collins, Henry,
68
,
70
,
76

Colson, Charles,
301
“Commercial paper market,”
304

Commonwealth United,
275
,
278

Communication Workshop (band),
223

Communism on Wall Street,
111–12

Computer leasing,
232–33

Conglomerates:
4
,
152–56
,
175–77
,
180–81
; causes of,
156–58;
individualism and,
173–74;
power of,
177–80
.
See also
Mergers

Connecticut General Life Insurance,
124

Consolidated Cigar,
171

Consolidated Foods,
136

Continental Electronics,
166

Continental Illinois Bank and Trust Company,
245
,
282

Control Data,
265
,
305

Cony, Ed,
42
Cook, Donald,
188

Copeland, Lammot du Pont,
239
,
241
,
257
,
335

Cornell University Endowment Fund,
282
,
285

Corners,
63–64

Cornfeld, Bernie,
140
,
270–71
,
276
,
277
,
298
,
348
,
352

Covington and Burling,
281

Cowdin, J. Cheever,
85

Cravath law firm,
253
,
258

Cresap, McCormick and Paget,
94–95

Crispus Attucks Foundation,
209

Crockett, Jean,
349

Cummings, Nathan,
135–36

Cunningham, John,
320
,
329

Curb Market,
29

Curtiss-Wright Corporation,
85–86

Data Processing Financing and General,
24
,
236

Debentures,
160–61
,
162

Deemer, Walter,
147

Dempsey-Tegeler,
316
,
318

Denny's Restaurants,
277–78

DeNunzio, Ralph,
319
,
337
,
346

Desilu Productions,
171

Dewey, Thomas E., Jr.,
123

Dillon Read,
287

Dingell, John,
93

Diversification,
154–56
.
See also
Conglomerates D.K.'s,
185

Documentation, Inc.,
234

Doeskin Products,
30

Donaldson, Lufkin and Jenrette,
316
,
349

Donaldson, W. H.,
316

Douglas, William O.,
89–90
,
275
,
339

Dow, Charles H.,
329

Dow Jones industrial averages,
101
,
102–3
,
214
; 1929
304–5;
1962,
55
,
56–57;
1965,
98
,
100–1
,
139
,
353
;
1966,
152
; 1968
305
;
1969,
205
,
260
,
261
; 1969
3
,
4
;
1970,
3
,
292–93
,
297
,
300–1
,
303
,
304
,
353

Dowd, James,
95

Dressen, Chuck,
33

Drew, Daniel,
13

Dreyfus, Jack,
140

Dreyfus Leverage Fund,
208

Drugs on Wall Street,
200–4,
226

Du Pont, Anthony,
337
,
338–45

Du Pont (E. I.) de Nemours,
239
,
335

Du Pont, Edmond,
334
,
335
,
337–45

Du Pont, Eleuthère Irénée,
334

Du Pont (F. I.) and Company,
155
,
334–45
,
346

Du Pont (F. I.)-Glore, Forgan and

Company,
335
,
336–45

Du Pont, Francis I.,
334

Dudley King and Georgeson,
253
Dun's Review,
305

Duplan,
211

Dyer, Jim,
34
,
35

Eberstadt, Ferdinand,
105

Economics of Crisis, The
(Janeway),
214

E.D.S. (Electronic Data Systems Corp.),
17–24
,
292
,
336

Eisenhower, Dwight,
83

Elias, Christopher,
194

Empire Hardwood Flooring,
71
,
73

Empire Millwork Company,
58
,
60
,
61

Empire National,
64–65
,
67

Enterprise Fund,
140
,
211
,
267

Estabrook and Company,
190

Etherington, Edwin D.,
53
,
188

Ethics,
5
,
219–21

Eversharp,
42

Executives: take-overs and,
177
; unemployment of,
308

Fails,
185–87
,
190
,
191
,
204–5

Fairchild Camera,
145
,
262
,
265–66
,
305

Fairfield Partners,
143

Faison, John W.,
196–99
,
218–19

Farr, Francis,
65

Fidelity Capital Fund,
135–36
,
146

Fidelity Fund,
130–36
,
145
,
149

Fidelity Management and Research,
136

“Financial Services Holding Company” (Netter),
234
,
235

Finkelstein, Jerry,
67
,
77

Finletter, Thomas,
105

Fire-and-casualty companies,
234–35

First Boston Corporation,
85
,
246

First Devonshire Corporation,
324
,
325
,
350

First National Bank of Jersey City,
235
,
240

First National City Bank,
106
,
121
,
124
,
248

Fischer, Louis,
142

Flanigan, Peter M.,
287
,
301

Floor traders,
91
,
94
,
95–96
Forbes,
349

Ford Foundation,
120
,
121
,
124
,
125

Four Seasons Nursing Centers,
24
,
184
,
279
,
322
,
323

Fox Computer Services,
234

Friend, Irwin,
349

Friendly, Henry J.,
149

Fringer, Alice,
298–99

Fund of Funds,
271
“Funny money,”
160

Funston, Keith,
93
,
96
,
97
,
188
; Cary on,
89
; Chemical Bank and,
239
,
241
,
257
; on new issues,
27
; as N.Y. Stock Exchange president,
85
,
86
,
151
,
152

Galbraith, John Kenneth,
83
,
213
,
271
,
297

Gellinoff, Abraham J.,
33

Geneen, Harold S.,
135
,
179–79
,
301

General Council of Congregational Churches,
121

General Electric,
139
,
155

General Electric Pension Fund,
282

General Motors,
5
,
155
,
180
,
213
,
221
,
301
; as Dow indicator,
139
,
183
,
305
,
312

Gibbs, Michael A.,
233
,
235
,
239

Gilbert, Edward M.,
58–80
,
351

Gilbert, Harry,
58
,
60–61
,
67
,
75

Gilpatric, Roswell,
217

Gintel, Robert M.,
85–86

“Give-ups,”
150–51

Glen Alden,
169

Glore, Forgan and Staats,
335

Go-go trading,
128

Goings, Russell, Jr.,
209

Goldman, Sachs,
264

Golsen, Jack E.,
322
,
325
,
327–28

Goodbody and Company,
329–33
,
342–43

Goodrich Tire and Rubber,
176–77
,
227

Gordon, Albert H.,
346

Graf, Lya,
89

Graham, Donald M.,
245

Gramco,
272–74
,
348

Grande, Charles A.,
33
,
42

Green, Hetty,
109–10
,
230

Greenberg, Alan C.,
327–28

Gregory and Sons,
316

Gulf and Western Industries,
152
,
170–73
,
175
,
181
,
237
,
305

Gulf Oil,
42

Guterma, Alexander,
30
,
31
,
51–52

Haack, Robert,
188–90
,
296
,
301
,
317–18
,
320
,
335
,
339–40

Haff, Joe,
35

Halsey, Stuart,
283