Vietnam or Thailand ? Vote for the TOP Country of the Week !
Updated: June 2, 2025
Through interlocking directorates. Morgan & Co., the First National Bank, the National City Bank, the Bankers Trust Co., and the Guaranty Trust Co., which were all closely affiliated, had extended their control until they held, 118 directorships in 34 banks with combined resources of $2,679,000,000. 30 directorships in 10 insurance companies with total assets of $2,293,000,000.
He recommended the prohibition of interlocking directorates by which railroads, banks and industrial corporations became allied in one monopolistic group, and he suggested that the processes and methods of harmful restraint of trade be forbidden item by item in order that business men might know where they stood in relation to the law.
He lifted his hat and bowed jauntily to the waiting-room window, making it plain that his keen eyes had discovered them instantly. Kirkwood's heart sank with the hopelessness of it all. If the railway directorates of Europe conspired against them, what chance had they?
Word Of The Day
Others Looking