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Non Public Events Blamed For Penn Central Stock Sales
House investigators accuse nine banks including Chase Manhattan and Morgan Guaranty Trust of heavy Penn Central stock sales during May and June 1970 amid possible inside information. The report cites related debt holdings and director interlocks, while defenses deny insiders used tips.
MENTIONED IN THIS ARTICLE
Penn Central
Washington
United States Trust Co
New York
Patman
Chase Manhattan Bank
Morgan Guarantye Trust Co
Investors Mutual, Inc
Investors Diversified Services
Chase Manhattan
Provident National Bank of
Philadelphia
Security Pacific National Bank of
Los Angeles
Chase ‘Manhattan
Stuart Saunders
Gan Guaranty Trust Co