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Carl M. Loeb
Carl Morris Loeb was a German-born American businessman who served as the president of the American Metal Company and the founder of Carl M. Loeb & Co, which became Loeb, Rhoades & Co. in 1938. Early life and education Carl Morris Loeb was born to a middle-class Jewish family on September 28, 1875 in Frankfurt, Germany, the son of Minna (née Cohn) and Adolph Loeb.Stack, ElizabethImmigrant Entrepreneurship: "German American Biographies: "Carl Morris Loeb"Retrieved December 21, 2017 His parents were dry goods merchants and he had one older brother, Julius, and one younger sister, Ella. Career American Metal Company In 1893, Loeb graduated from gymnasium and moved to New York City to work with his brother at the American Metal Company (AMCO), a lead and zinc trader and subsidiary of Metallgesellschaft AG (founded by Wilhelm Ralph Merton, Leo Ellinger, and Zachary Hochschild). In 1893, he moved to St. Louis to assist at a branch office (and also met his future wife) and was pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frankfurt
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its namesake Main River, it forms a continuous conurbation with the neighboring city of Offenbach am Main and its urban area has a population of over 2.3 million. The city is the heart of the larger Rhine-Main metropolitan region, which has a population of more than 5.6 million and is Germany's second-largest metropolitan region after the Rhine-Ruhr region. Frankfurt's central business district, the Bankenviertel, lies about northwest of the geographic center of the EU at Gadheim, Lower Franconia. Like France and Franconia, the city is named after the Franks. Frankfurt is the largest city in the Rhine Franconian dialect area. Frankfurt was a city state, the Free City of Frankfurt, for nearly five centuries, and was one of the most import ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Berthold Hochschild
Berthold Hochschild (March 6, 1860 – January 24, 1928) was a mining magnate, a founder of the American Metal Company, and a philanthropist. Biography Hochschild was born to a Jewish family in Biblis, Germany, the son of Auguste Gustina (née Bendheim) and Koppel Jakob Hochschild. In 1881, his brother Zachary Hochschild, along with his cousin Wilhelm Ralph Merton and Leo Ellinger, founded Metallgesellschaft AG Metallgesellschaft AG was formerly one of Germany's largest industrial conglomerates based in Frankfurt. It had over 20,000 employees and revenues in excess of 10 billion US dollars. It had over 250 subsidiaries specializing in mining, specialty c .... In 1886, he immigrated to the United States, founding American Metal with Jacob Longeloth two years later. He had two sons, Harold K. Hochschild and Walter Hochschild, and a daughter, Gertrude Hochschild (married to Russian World War I ace and Sikorsky Aircraft test pilot Boris Sergievsky). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before Bankruptcy of Lehman Brothers, filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill (company), Merrill Lynch), with about 25,000 employees worldwide. It was doing business in investment banking, Stock, equity, Bond (finance), fixed-income and Derivative (finance), derivatives sales and stock trading, trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, Lehman Brothers filed for Chapter 11, Title 11, United States Code, Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mayer Lehman
Mayer Lehman (January 9, 1830 – June 21, 1897) was a German-born American businessman, banker, and philanthropist. He was one of the three founding brothers of the investment bank Lehman Brothers. Early life Mayer Lehman was born in 1830 to a German Jewish family in the small Franconian town of Rimpar near Würzburg. He was the son of Eva (Rosenheim) and a cattle merchant, Abraham Löw Lehmann.Bernhard, William, L., Birge, June Rossbach Bingham, Loeb, John L., Jr.. '' Lots of Lehmans – The Family of Mayer Lehman of Lehman Brothers, Remembered by His Descendants''. Center For Jewish History, 2007, page 1Hall, Henr''America's successful men of affairs. An encyclopedia of contemporaneous biography''(1895), pp. 390–392 Career and life in the United States In 1850, Mayer emigrated to the United States, joining his brothers, Henry Lehman (b. 1822) and Emanuel Lehman in Montgomery, Alabama. His brother Henry had left Germany in 1844 and opened a dry goods store named "H. Lehm ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Frances Lehman Loeb
The Lehman family is a prominent family of Jewish German-Americans who founded the financial firm Lehman Brothers. Some were also involved in American politics. Members have married into the prominent Morgenthau, Loeb, and Bronfman families. The family traces back to Abraham Lehmann, a cattle merchant in Rimpar, Bavaria, who changed his Yiddish (German-Jewish) surname Löw (Loeb) to the German Lehman. Family tree Some of the family members include:Full text of "John L. Loeb Collection" retrieved October 28, 2015 *Abraham Lehmann, born Abraham Löw, cattle merchant in , ** ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jewish World Review
''Jewish World Review'' is a free, online magazine updated Monday through Friday (except for legal holidays and holy days), which seeks to appeal to "people of faith and those interested in learning more about contemporary Judaism from Jews who take their religion seriously." It carries informational articles related to Judaism, dozens of syndicated columns written mostly by politically conservative writers, both Jewish and Gentile, advice columns on a number of issues, and cartoons."Mideast Mayhem:Give War a Chance" Wall Street Journal Opinion Archives, March 5, 2002. Although the magazine is written to appeal to Orthodox Jews, Jolkovsky said he seeks a broader readership because "there are a lot of Christians who live Jewish values better than some Jews." Regarding his magazine's political orientation, he said: "It is hard to understand a religious person who votes Democrat... Maimonides, the great Jewish philosopher, said there are ten levels of charity, tzedakah. The highest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Depression
The Great Depression (19291939) was an economic shock that impacted most countries across the world. It was a period of economic depression that became evident after a major fall in stock prices in the United States. The economic contagion began around September and led to the Wall Street stock market crash of October 24 (Black Thursday). It was the longest, deepest, and most widespread depression of the 20th century. Between 1929 and 1932, worldwide gross domestic product (GDP) fell by an estimated 15%. By comparison, worldwide GDP fell by less than 1% from 2008 to 2009 during the Great Recession. Some economies started to recover by the mid-1930s. However, in many countries, the negative effects of the Great Depression lasted until the beginning of World War II. Devastating effects were seen in both rich and poor countries with falling personal income, prices, tax revenues, and profits. International trade fell by more than 50%, unemployment in the U.S. rose to 23% and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rhoades & Company
Loeb, Rhoades & Co. was a Wall Street brokerage firm founded in 1931 and acquired in 1979 by Sanford I. Weill's Shearson Hayden Stone. Although the firm would operate as Shearson Loeb Rhoades for two years, the firm would ultimately be acquired in 1981 by American Express to form Shearson/American Express and three years later Shearson Lehman/American Express. History The firm was founded as Carl M. Loeb & Co. by Jewish father Carl M. Loeb and son John Langeloth Loeb Sr. in 1931, shortly after the onset of the Great Depression. Carl M. Loeb & Co. merged with Rhoades & Company, a white shoe Wall Street brokerage firm, in 1937 to form what became Loeb, Rhoades & Co. Rhoades & Company had been founded in 1905 by John Harsen Rhoades Jr. (born 1869), formerly a partner of Rhoades & Richmond. The firm operated under the Loeb, Rhoades name from 1937 through 1979 when it briefly used the name Shearson Loeb Rhoades, for two years prior to its acquisition by American Express in 1981. Ca ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wall Street Crash Of 1929
The Wall Street Crash of 1929, also known as the Great Crash, was a major American stock market crash that occurred in the autumn of 1929. It started in September and ended late in October, when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its aftereffects. The Great Crash is mostly associated with October 24, 1929, called ''Black Thursday'', the day of the largest sell-off of shares in U.S. history, and October 29, 1929, called ''Black Tuesday'', when investors traded some 16 million shares on the New York Stock Exchange in a single day. The crash, which followed the London Stock Exchange's crash of September, signaled the beginning of the Great Depression. Background The "Roaring Twenties", the decade following World War I that led to the crash, was a time of wealth and excess. Building on post-war optimism, rural Amer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harry Daugherty
Harry Micajah Daugherty (; January 26, 1860 – October 12, 1941) was an American politician. A key Ohio Republican political insider, he is best remembered for his service as Attorney General of the United States under Presidents Warren G. Harding and Calvin Coolidge, as well as for his involvement in the Teapot Dome scandal during Harding's presidency. Despite his status as a key political leader of the Ohio Republican Party from the 1880s to the first decade of the 20th century, Daugherty was himself only briefly a statewide elected politician by serving just two terms in the Ohio General Assembly, working closely during the last two years with Ohio Governor William McKinley. Although he sought national office several times, Daugherty was thwarted in his effort to obtain the nomination of his party and was never elected to office again. Daugherty remained an influential figure behind the election of several US representatives and senators. In 1920, he was Harding's campaign ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrew Mellon
Andrew William Mellon (; March 24, 1855 – August 26, 1937), sometimes A. W. Mellon, was an American banker, businessman, industrialist, philanthropist, art collector, and politician. From the wealthy Mellon family of Pittsburgh, Pennsylvania, he established a vast business empire before moving into politics. He served as United States Secretary of the Treasury from March 9, 1921 to February 12, 1932, presiding over the boom years of the 1920s and the Wall Street crash of 1929. A conservative Republican, Mellon favored policies that reduced taxation and the national debt in the aftermath of World War I. Mellon's father, Thomas Mellon, rose to prominence in Pittsburgh as a banker and attorney. Andrew began working at his father's bank, T. Mellon & Sons, in the early 1870s, eventually becoming the leading figure in the institution. He later renamed T. Mellon & Sons as Mellon National Bank and established another financial institution, the Union Trust Company. By the end of 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Harold K
Harold may refer to: People * Harold (given name), including a list of persons and fictional characters with the name * Harold (surname), surname in the English language * András Arató, known in meme culture as "Hide the Pain Harold" Arts and entertainment * ''Harold'' (film), a 2008 comedy film * ''Harold'', an 1876 poem by Alfred, Lord Tennyson * ''Harold, the Last of the Saxons'', an 1848 book by Edward Bulwer-Lytton, 1st Baron Lytton * ''Harold or the Norman Conquest'', an opera by Frederic Cowen * ''Harold'', an 1885 opera by Eduard Nápravník * Harold, a character from the cartoon ''The Grim Adventures of Billy & Mandy'' *Harold & Kumar, a US movie; Harold/Harry is the main actor in the show. Places ;In the United States * Alpine, Los Angeles County, California, an erstwhile settlement that was also known as Harold * Harold, Florida, an unincorporated community * Harold, Kentucky, an unincorporated community * Harold, Missouri, an unincorporated community ;E ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
