Salomon Brothers: Difference between revisions

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{{a|fakehistory|}}A long time ago, in a small town in Germany, there was a shoemaker, [[Salomon]] was his name<ref>As a matter of fact, he was in Whitechapel.</ref>. Being a litigious, type, he established the legal concept of corporate personality in {{cite|Salomon|Salomon & Co Ltd|1896|UKHL|1}}, when he sued his corporate self and lost.
{{a|fakehistory|}}A long time ago, in a small town in Germany<ref>In fact ''none'' of the [[Salomon Brothers]] seem to have come from, or gone to, Germany.</ref>, there was a shoemaker, [[Salomon]] was his name...


===The English brother===
there was an English Salomon Brother. He made boots in Whitechapel. Being a litigious, type, he established the legal concept of corporate personality in {{cite|Salomon|Salomon & Co Ltd|1896|UKHL|1}}, when he sued his corporate self and lost.
===The American Brothers===
His brothers went to America and diversified into {{tag|investment bank}}ing, invented swaps, nearly blew up the financial world on a number of occasions and eventually succumbed to the dreary lukewarm [[entropy]] that is our collective fate, being acquired in 1997 by [[Travelers Group]], which was then aquired by [[Citigroup]] in early 1998.  
His brothers went to America and diversified into {{tag|investment bank}}ing, invented swaps, nearly blew up the financial world on a number of occasions and eventually succumbed to the dreary lukewarm [[entropy]] that is our collective fate, being acquired in 1997 by [[Travelers Group]], which was then aquired by [[Citigroup]] in early 1998.  


The shoemaker still carries on and makes badass skis.
===The French Brother===
There was another Salomon brother, also more inclined to footwear than investment banking. He went to France and made badass skis<ref>https://en.wikipedia.org/wiki/Salomon_Group.</ref>, ironically becoming a good client of the investment banking fraternity by being bought by Adidas in 1997 for USD1bn.


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