1939 Press Photo New York Stephen Paine Partner in Paine Werber Co NYC

Stephen Paine partnet in the Stock Exchange firm Paine Werber Co who was suspended for three years as an allied member of the Exchange on charges approved by the Board of Governors that he did or should have known by the exercise of ordinary care that certain loans made to a group of indicted investment trust promoters were for the purpose of buying control of the trust with the trusts own assets. Photo measures 5 x 7 inches. Photo is dated 03-31-1939.

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