AtDTDA: Foley Walker

[robinlandseadel at comcast.net]

Brown Brothers Harriman & Co. was created through the 1931 merger of Brown Brothers & Co., a merchant bank founded in Philadelphia, Pennsylvania in 1818 with Harriman Brothers & Co., established in New York City in 1927, and A. Harriman & Co..

Its initial partners were:

W. Averell Harriman
E. Roland Harriman
Moreau Delano
Thatcher Brown
Prescott S. Bush
Granger Kent Costikyan
Louis Curtis
Robert A. Lovett
Ray Morris
Knight Woolley

The bank had a huge windfall in 1933 with the passage of the Banking Act of 1933, a.k.a. the Second Glass-Steagall Act. Commercial banks were prohibited from the investment banking business giving private firms like Brown Brothers Harriman monopoly control.


http://en.wikipedia.org/wiki/Brown_Brothers_Harriman_%26_Co.

And 1931 also happened to be the year Pynchon & Company went down.