NEW YORK WORLD-TELEGRAM, April 11, 1938

• NYSE president Richard Whitney fraud
• New York Stock Exchange embezzlement

The front page has a nice banner headline: "WHITNEY GETS 5 TO 10-YEAR TERM" with subheads and related photo. (see images) Nice for display. Lengthy coverage continues on page 3 with related pictorial. 
Complete with all 30 pages, light toning and minor wear at the margins, small binding holes along the spine, generally nice.

Background: On April 11, 1938, former New York Stock Exchange president Richard Whitney was sentenced to five to ten years in Sing Sing Correctional Facility after pleading guilty to grand larceny for embezzling hundreds of thousands of dollars from client accounts, his father-in-law’s estate, and the NYSE Gratuity Fund to cover failing personal investments. Prosecuted by District Attorney Thomas E. Dewey, Whitney’s downfall sent shockwaves through the financial world, as he had long been the conservative standard-bearer of Wall Street who famously led the attempt to stem the 1929 stock market crash. The historical significance of his conviction went far beyond his personal disgrace: as an establishment insider exposed as a fraudster, Whitney's sentence shattered the public's trust in Wall Street's self-regulation, disarmed conservative resistance to federal oversight, and provided New Deal regulators with the leverage needed to aggressively empower the newly established Securities and Exchange Commission (SEC) to institute modern, binding financial regulation.