I am unable to imagine any worse case than yours.’
With these words, in January 1930, a judge sentenced Clarence Hatry to a prison term of 14 years. On discovery of an outrageous fraud, Hatry’s companies had collapsed causing a crash on the London stock market which reverberated in New York and precipitated the Wall Street crash.
Hatry was the last of the flamboyant company promoters. In Scotland, he had promoted Jute Industries, the vehicle by which the jute barons of Dundee realised their equity.
In this lecture, by examining some of his deals, we will look at how he went about his business, how investors were misled and how he brought about his own downfall.
Chris Swinson is a Visiting Fellow of Durham University Business School and a former President of the Institute of Chartered Accountants in England and Wales.
Harry will talk about the key lessons learnt when picking stocks, constructing portfolios and building a specialist investment business. He’ll look at the characteristics in…
This is a companion event to the recent staging of Liam’s play, The Land That Never Was, about legendary Scottish conman Gregor MacGregor, who sold…
The online version of our renowned course, is available for both finance professionals and nonprofessionals.
As featured in the Financial Times
In conjunction with Heriot-Watt University