The new brand was launched with the reassuring reminder that ‘You’re Never Alone with a Strand – the Cigarette of the Moment’, a series of ads showed a Frank Sinatra lookalike (from his Pal Joey period) in a trilby hat and trench coat, apparently satisfied that a good smoke was proper antidote to the night-time …
Even though nobody knows better how to put a positive spin on failure, not even auto manufacturers can blag their way around self-inflicted hubris. The Edsel wasn’t just a car. It was a whole new division within the Ford Motor Company, created to compete with General Motors’ Oldsmobile. Planned in the mid-1950s’ flash flood of …
More affable scoundrel than kingpin of crime, Charles Ponzi sits astride criminal history as the man who gave his name to Ponzi schemes. A Ponzi scheme is a swindle based on a financial pyramid unsecured by any actual assets. The incremental maths is remorseless: by the 20th round of investment, a Ponzi scheme that starts …
Charles Ponzi’s Securities Exchange Company – 1920 Read More »