Talk:Gerald Ratner
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The 1991 recession understated and the notorious speech overstated as the reason for his company's decline?
editIs there any evidence that the deep 1991 recession has been understated and his notorious speech overstated as the main reason for his company's decline? I closely followed finance at the time and he was very popular with investors in the years leading up to the decline (as stated not every jewellery shop in the company was called Ratners but even the other ones with different names all suffered badly - which assumes the public were familiar with all the brands having one holding company - which I don't think the general public did realise actually). Lots of companies in 1991 were collapsing and I think the role of his speech is overstated - a sort of urban myth really (that it was the bigger factor over the recession). e.g. The Benetton newborn baby poster advert was far more notorious at the time in publicity terms but that (Italian) company survived and thrived in fact. — Preceding unsigned comment added by Mr gobrien (talk • contribs) 19:01, 27 July 2019 (UTC)
External links modified
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- Added archive https://archive.is/20120724014949/http://www.businesscornwall.co.uk/news-categories/awards/ratner-to-address-business-awards-123 to http://www.businesscornwall.co.uk/news-categories/awards/ratner-to-address-business-awards-123
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Link number 6 no longer goes to an article referencing Ratner. I did not alter it because I do not know if there is an archived version available — Preceding unsigned comment added by 2601:184:C300:CEB7:406F:674:1A2C:FE6 (talk) 21:54, 26 December 2018 (UTC)
Ratners demise
editRatners died after said conference that A journalist reported about his joke as truth and that was the way he seen it and ineffect caused the loss of 1000s jobs because that journalist never thought about its not my problem "I'm here to tell people a story that sells, does that journalist care about the reality of it, hell no and 30 years later no one is better off, except the journalist, wank of a guy fact 2A02:C7E:1516:8C00:4D3F:C295:F6C1:3D81 (talk) 01:01, 11 February 2023 (UTC)
Was he fired or did he resign?
editThis article states, quote, that "Ratner hired a chairman in an attempt to stabilise the situation, and was dismissed by the new company chairman in November 1992," whilst the Signet Jewelers article states, quote, that "Ratner resigned in November 1992, and the group changed its name to Signet Group plc in September 1993." I don't know much about this - which is why I'm here, reading these articles - and I am not British, so perhaps someone more knowledgeable can fix one of the articles, as appropriate, please? FillsHerTease (talk) 13:21, 29 January 2024 (UTC)
- I don't know for sure, but typically in the UK being fired means being asked/told to resign by the board or chairman, especially when, as here, Ratner or his familty held a large proportion of the shares. So the two are largely synonymous - see the firing/resignation on Sunday of the Chairman of government-owned Post Office Limited, which the media have described using both terms. Johnbod (talk) 16:29, 29 January 2024 (UTC)