Itchbell Returns to Business After Acquittal and Bid Wars
Former National City Bank chairman Charles Itchbell, acquitted of income tax charges, contemplates a comeback in a key business venture. He may run his own company, with firms reportedly bidding for his services, while he also plans to settle legal and Morgan-related debts. Meanwhile, William Duggan is set to succeed Sam Koenig as New York County Republican chairman, with Koenig faction backing a mayoral candidate this autumn. The Roosevelt era recovery act prompts contractors to adjust to wage standards and the 30 hour work week, as the government reviews material costs and labor efficiency in public works projects.
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