Salomon Brothers
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A long time ago, in a small town in Germany, there was a shoemaker, Salomon was his name[1]. Being a litigious, type, he established the legal concept of corporate personality in Salomon v Salomon & Co Ltd [1896] UKHL 1, when he sued his corporate self and lost.
His brothers went to America and diversified into investment banking, 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.
References
- ↑ As a matter of fact, he was in Whitechapel.