Collapse Files · CF-013
He Said It At The Institute Of Directors In April 1992. He Had Said It Many Times Before In Private. This Time There Were Journalists In The Room.
Derek Stanton's speech at the Institute of Directors in April 1992 caused immediate and devastating consequences for Stanton Jewellers. Within forty-eight hours, five hundred million pounds were wiped from the company’s valuation, and twelve thousand employees lost their jobs within eighteen months.
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