From Speculation to Devastation: Securities Fraud and Company Promotion Fraud in Interwar Britain

Matthew Hollow
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Matthew Hollow: Durham University

Chapter 2 in Rogue Banking: A History of Financial Fraud in Interwar Britain, 2015, pp 41-67 from Palgrave Macmillan

Abstract: Abstract Using a wide range of primary sources, this chapter provides an in-depth historical overview of some of the most notorious securities and company promotion frauds that took place in the City of London in the years between 1919 and 1939. Contained within this discussion are the underhand exploits of a wide variety of infamous financiers, including: Gerard Lee Bevan, Clarence Hatry, and Martin Coles Harman. Also discussed is the structure of the British securities at this time and the extent to which this helped to create an environment conducive to these sorts of large-scale securities frauds.

Keywords: Clarence Hatry; Gerard Lee Bevan; insider trading; interwar British economy; rigging the market; securities fraud; stock-market fraud; Wall Street Crash (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-36054-0_3

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DOI: 10.1057/9781137360540_3

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