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Revision as of 02:29, 9 September 2010
U.S. v. Morgan et. al, more commonly referred to as the Investment Bankers Case was a year-long antitrust case against 17 of the most prominent Wall Street investment banking firms, known as the Wall Street Seventeen.[1][2][3]
The case was presided over by Harold Medina
The 17 Wall Street firms named as defendants in the case, later known as the "Wall Street Seventeen" were as follows:[4][1]
- Morgan Stanley & Co.
- Kidder Peabody
- Goldman Sachs
- White Weld & Co.
- Dillon Read & Co.
- Drexel & Co.
- First Boston Corporation
- Smith Barney & Co.
- Kuhn, Loeb & Co.
- Lehman Brothers
- Blyth & Co.
- Eastman Dillon & Co.[5]
- Harriman Ripley
- Stone & Webster Securities Corp.
- Harris, Hall & Co.
- Glore, Forgan & Co.
- Union Securities Corp.
Excluded prominent Wall Street firms including Halsey Stuart & Co., Merrill Lynch, Pierce, Fenner & Beane and Salomon Brothers & Hutzler.
See also
References
- ^ a b A financial history of the United States Vol. 3. M.E. Sharpe, 2002
- ^ Nothing Short of Criminal. Time Magazine, Mar. 17, 1952
- ^ Trustbusters' Retreat. Time Magazine, Dec. 3, 1951
- ^ Money Monopoly?. TIME Magazine, Nov 10, 1947
- ^ Eastman, Dillon Was 'Robin Hood' In Wall Street, Judge Medina Told. New York Times, March 10, 1951
- Whither Are We Bound?. TIME Magazine, October 26, 1953
- U.S. v. MORGAN, (S.D.N.Y. 1953) 118 F. Supp. 621. Civ. A. No. 43-757. United States District Court, S.D. New York. October 14, 1953.