Tag «George»

Impeccable Connections: The Rise And Fall Of Richard Whitney – Stealing From Clients To Cover Debts. Sound Familiar?

Brookyn, NY, May 6, 2013 – “Not Dick Whitney. Not Dick Whitney!” President Franklin D. Roosevelt exclaimed upon being told Richard Whitney, the long-time president of the New York Stock Exchange, was a criminal. Almost ten years earlier, on October 24, 1929, Black Thursday, as one newspaper’s headline put it the next day, “Richard Whitney Halts …

A-Z of 2012 in the business world – Umesh Shanmugam

A is for arithmetic – a skill that deserted two of our listed companies, retailer SuperGroup and taxi manufacturer Manganese Bronze. Both companies had to restate accounts after their numbers failed to add up; both companies saw their share price punished for their failings. Things weren’t so bad for SuperGroup but the wheels really came …