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The History of AIG (Part I)
#6
http://blog.nownews.com/carolc/textview.php?file=172764

Says Yahoo Babelfish:

AIG founder C.V. Starr (Cornelius Vander Starr) was born in 1892 an American California's small town, in 1914 he left home to San Francisco to sell the automobile insurance. in 1918 entered a war, but by on battlefield, a world war had not been ended. Finally, Starr to Japan's Yokohama, has held the post of the American Pacific Ocean Oil tanker Company's staff member. Japanese a half year later, he thinks Asia's financial center and his opportunity should in China, therefore on the body only brings 300 Japanese Yen to come to Shanghai.

He first in another American, the Frank J. Raven bank and the Real estate company worked, receives the insurance aspect service (Raven to come to Shanghai in 1904, has opened bank and Real estate company successfully very quickly, in 1935 enterprise collapsed, causes the Sino-US commercial world to shock scandal). Starr very quick has own Insurance company ─American Asiatic Underwriters, Inc., he hurried to hire two Chinese staff members, moved to Nanjing Rd. and the Sichuan road's street intersection the company - at that time happen to was 1919 at the end of December.
...
His good friend concurrently colleague Mansfield Freeman joined Starr in 1924 Asia Life Insurance Company. Before then Freeman is teaches the philosophy and English in Beijing's Tsinghua University (1919-1924). He returned to the US in 1941. 1930 to 1941 has been Asian Life insurance Company's President in Shanghai. In afterward years, Freeman also wrote one about to wear shakes (1724-1777) and Mencius's work.

From the US media: Money Career Ends [picture, caption "Frank J. Raven"] Climb to the heights as an international financier ended for Frank J. Raven, an American who headed a $50,000,000 business in Shanghai, China, when he was convicted on embezzlement charges growing out of the collapse of the "Raven Group" of companies of which he was president. The financial failure was so extensive that it virtually pauperized many thousands of people in China. Raven, a native of Alamo, Cal., went to China in 1904." (Tyrone Daily Herald, Mar. 2, 1936.)

http://www.archive.org/stream/mytwentyfi...p_djvu.txt
My Twenty Five Years In China (1945)
Author: John B. Powell

"...Shanghai became the base of operation for
salesmen of fake jewelry, worthless stocks, patent medicines,
dangerous drugs, etc. One group had promoted an insurance
company with the object of unloading the stock on rich Chinese
in Malaya, and were astonished when Chinese business flowed
in and the company unexpectedly became prosperous and
respectable.

Raven had come to China from California and obtained a
position in the Public Works Department of the municipal
government of the International Settlement. He worked in the
department long enough to obtain information regarding new
road extensions, then resigned and organized a real estate com-
pany. Using his inside knowledge of the location of new roads
and streets, the company successfully promoted a new subdi-
vision which it called "Columbia Circle." With this start the
company branched into various promotional activities, including
the organization of the American-Oriental Banking Corpora-
tion, Raven Trust Company, American Finance Company, and
various other enterprises, retail and industrial, all of a specula-
tive character. Shares in the various enterprises were widely sold
to Chinese and foreigners, and the banks launched an intensive
drive for deposits in the missionary community and among
foreign residents* of the Settlement."

http://familytreemaker.genealogy.com/use...-0003.html
Descendants of Peter Raven
Generation No. 3

Children of HAMILTON RAVEN and ALMIRA BAKER are:
i. CHARLES HAMILTON4 RAVEN *, m. LILLIAN STACK *.
ii. FRANK JAY RAVEN, b. June 27, 1875, Alamo, CA; d. July 11, 1943, San Jose, CA; m. ELSIE MAUDE SITES, September 16, 1909.
More About FRANK JAY RAVEN:
Cause of Death: coronary thrombosis
Medical Information: arthritis, continuous stomach trouble, coronary thrombosis, angina pectoris
Reply


Messages In This Thread
The History of AIG (Part I) - by Linda Minor - 02-04-2009, 07:31 PM
The History of AIG (Part I) - by Jan Klimkowski - 02-04-2009, 10:23 PM
The History of AIG (Part I) - by Carol Thompson - 23-06-2009, 10:57 PM
The History of AIG (Part I) - by Linda Minor - 24-06-2009, 09:08 PM
The History of AIG (Part I) - by Carol Thompson - 24-06-2009, 09:41 PM
The History of AIG (Part I) - by Carol Thompson - 27-06-2009, 11:03 PM
The History of AIG (Part I) - by Carol Thompson - 27-06-2009, 11:08 PM
The History of AIG (Part I) - by Linda Minor - 28-06-2009, 05:37 PM
The History of AIG (Part I) - by Carol Thompson - 28-06-2009, 08:27 PM
The History of AIG (Part I) - by Carol Thompson - 28-06-2009, 11:02 PM
The History of AIG (Part I) - by Carol Thompson - 06-07-2009, 05:32 AM
The History of AIG (Part I) - by Carol Thompson - 07-07-2009, 12:34 AM
The History of AIG (Part I) - by Linda Minor - 10-07-2009, 04:17 PM
The History of AIG (Part I) - by Jan Klimkowski - 10-07-2009, 07:10 PM
The History of AIG (Part I) - by Carol Thompson - 13-07-2009, 05:50 AM
The History of AIG (Part I) - by Carol Thompson - 18-07-2009, 06:19 AM
The History of AIG (Part I) - by Magda Hassan - 22-08-2009, 01:05 AM

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