Great frauds in history: Jack Clark’s nursing homes
Jack Clark invented sales, inflated profits and produced fraudulent accounts at his chain of nursing homes to swindle investors out of hundreds of mil…
Ray Dalio: the seer blindsided by a bug
When the financial crisis struck in 2008, Ray Dalio’s hedge fund was well prepared to profit and he has since enjoyed a reputation for prescience. He …
Great frauds in history: the Hound of Hounslow
"Flash crash" trader Navinder Singh Sarao made around $70m from manipulating the futures market.
Peter Thiel: Utopian elite flee for "Galt’s Gulch"
Peter Thiel, the tech tycoon who founded PayPal, has long been prepared for a flight from societal collapse. As coronavirus panic spreads, where is th…
Great frauds in history: Kautilya Pruthi’s Ponzi scheme
Kautilya Nandan Pruthi persuaded a large number of clients including famous sportsman and actors, to part with over £100m, which he used to fund his p…
Jack Welch: Americans have got to “work like dogs”
Jack Welch saw earlier than most that Asian competitors were coming for corporate America’s lunch. He revolutionised business management in response…