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Title:Time
Country:  USA
Volume:26
Issue:4
Date:22 Jul 1935
Rating:Rate
Collection:  I Own It     I Want It 
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cover: Joseph Patrick Kennedy Sr. (1888–1969) was an American businessman, investor, and politician known for his high-profile positions in United States government and later for the political and other achievements of his children. Born to a political family in East Boston, Massachusetts, he made a large fortune as a stock market and commodity investor and later rolled over his profits by investing in real estate and a wide range of business industries across the United States. During World War I, he was an assistant general manager of a Boston area Bethlehem Steel shipyard; through this position, he became acquainted with Franklin D. Roosevelt, who was the Assistant Secretary of the Navy. In the 1920s, Kennedy made huge profits by reorganizing and refinancing several Hollywood studios; several acquisitions were ultimately merged into Radio-Keith-Orpheum (RKO) studios. Kennedy increased his fortune with distribution rights for Scotch whisky. He owned the largest privately owned building in the country, Chicago's Merchandise Mart. Kennedy was a leading member of the Democratic Party and of the Irish Catholic community. After he was elected President, Roosevelt appointed Kennedy to be the first chairman of the U.S. Securities and Exchange Commission (SEC), which he led from 1934 to 1935.

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Time - Volume 26 - Issue 8 - Aug 1935 - USA
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Time - Volume 25 - Issue 22 - Jun 1935 - USA
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