Tax on interest

Michael Pollak mpollak at panix.com
Sat Feb 15 22:30:58 PST 2003


On Fri, 14 Feb 2003 Nomiprins at aol.com wrote:


> The practice was technically made illegal under Glass Steagal, mostly
> due to a $100 million stock backed loan that went bad in 1929 for
> Morgan

Just out of curiousity, what loan was this? Was it associated with the Allegheny Corporation?

Michael



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