When Peter Stormonth Darling became

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• The Warburgs: The Twentieth-Century Odyssey of a Remarkable Jewish Family whole source · open book

  When Peter Stormonth Darling became chairman of Warburg Investment Management in 1979, Siegmund instructed him, “Now, Peter, you are the chairman of this business. Your first job is to get rid of it.” Though the division managed about one billion pounds in assets, Siegmund waved it away as worthless.

  chapter: 48 - Forgotten Gravestone

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