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Clarence Dillon: The Roaring 20s Wall Street Baron Who Wrote the Rules for Corporate Takeovers, Junk Bonds, and Bankruptcy
J.P. Morgan, John D. Rockefeller, and Charles E. Mitchell are names that come to mind when thinking of the most prominent icons of wealth and influence during the Roaring Twenties. Yet the one figure who has escaped notice is an enigmatic banker by the name of Clarence Dillon. In the 1920s, as he rose in wealth and influence, Dillon became one of the original behind-the-scenes players in Hollywood, and his contact list included everyone from Thomas Edison to Charlie Chaplin and Joseph P. Kennedy to FDR.
A revolutionary in finance, Clarence Dillon single-handedly created modern bankruptcy law…
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