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Financial societies shield investors from failed schemes
The piece argues that financial societies protect the public by vetting new companies at the board level, ensuring decisions rest on proven data. It contrasts this with private promoters and notes profits from recent firms, while urging careful capitalization and broader shareholding to stabilize the market.
MENTIONED IN THIS ARTICLE
HE Zimes
John Brown
Thomas Smith
Arabella
Jabez
Financial Board
Rothschild
Gurney
Bevan
Baring
National Financial Company
the Times