Horatio Bottomley - Company Promotions

Company Promotions

He then moved on to promoting Western Australian gold mining projects, some genuine but others based on misrepresentation and fraud. He then moved on to British stocks. He developed a considerable talent for persuading members of the public to part with their money in order to invest in his various schemes. In 1888, he founded the Financial Times and was its first Chairman as a means of puffing his projects. In 1908 he was charged with conspiracy to defraud but the chaos of his record systems produced a hung jury and instead he was forced into bankruptcy in 1912, forcing him out of Parliament.

Read more about this topic:  Horatio Bottomley

Famous quotes containing the words company and/or promotions:

    “If it were not for the company of fools, a witty man would often be greatly at a loss.”
    —François, Duc De La Rochefoucauld (1613–1680)

    “For a parent, it’s hard to recognize the significance of your work when you’re immersed in the mundane details. Few of us, as we run the bath water or spread the peanut butter on the bread, proclaim proudly, “I’m making my contribution to the future of the planet.” But with the exception of global hunger, few jobs in the world of paychecks and promotions compare in significance to the job of parent.”
    —Joyce Maynard (20th century)