In 1952, the bank decided to sell to Charles Phelps Taft, the owner of the "Cincinnati Times-Star" and a member of the presidential Taft family, but the employees of the paper pooled their assets and obtained loans to outbid him.
The bank decided to sell to Charles Phelps Taft. This was in 1952. The bank decided to sell to the owner of the "Cincinnati Times-Star". This was in 1952. The bank decided to sell to a member of the presidential Taft family. This was in 1952. The employees of the paper pooled their assets. The employees of the paper obtained loans. This was to outbid him.