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8 July 2011

Posted by DMC on 9 July 2011 in Diary |

A quiet day ahead. The carers have the and done their staff, leaving me in my study in front of laptop.’ My lovely’is enjoying a rare day off and has gone to Cambridge to shop and to visit the Fitzwilliam Museum to see their current exhibition on Italian Art. The Good Doctor slts in the sitting room/bedroom above me – now known as Michael’s room – working on his reports and cocking an ear to the pager which alerts him to my needs some attention (usually a pee) .

The big news this morning is that Rupert Murdoch has pulled the plug on the News of the World newspaper and closed it down – this for a newspaper which has going for I65 years – in order not to prejudice the Monopoly Commission’s decision concerning his media empire swallowing up BskyB, or perhaps his motive was to take the heat off the CEO of News International, who was the editor of the News of the World, when the alleged hacking took place. In any event, this so-called newspaper, was no better than a scandal rag and, will not be missed except by its 1 million or so readers!! In any event,. no doubt, Murdoch, will relaunch something similar, under a different name, probably the Sunday Sun!

Rupert Murdoch is probably the greatest media mogul the world has ever seen, sadly in the UK and particularly so if you manages to take over BskyB. Will he survive this current storm and over the phone hacking or any other scandal that is media empire throws or will he end up like some of the other greatest moguls in their own fields. Here are some examples.

In 1923 who was:

      1. President of the largest steel company?
      2. President of the largest gas company?
      3. President of the New York stock Exchange?
      4. Greatest wheat speculator?
      5. President of the Bank of International Settlement?
      6. Great Bear of Wall Street?

These men were considered some of the worlds most successful of their days..

Now, 80 years later, the history book asks us, if we know what ultimately became of them..

The Answers:

1. The president of the largest steel company, Charles Schwab, died a pauper.

2. The president of the largest gas company, Edward Hopson, went insane.

3. The president of the NYSE, Richard Whitney, was released from prison to die at home.

4. The greatest wheat speculator, Arthur Cooger, died abroad, penniless.

5. The president of the Bank of International Settlement, shot himself.

6 The Great Bear of Wall Street, Cosabee Livermore, also committed suicide

However, in that same year, 1923, the PGA Champion and the winner of the most important golf tournament, the US Open, was Gene Sarazen.

What became of him?

He played golf until he was 92, died in 1999 at the age of 95.  He was financially secure at the time of his death.
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The moral is to Hell with Work play golf !!  

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