UK: Inside story - Nothing mad about Maurice Hatter - IMO PRECISION CONTROLS.

UK: Inside story - Nothing mad about Maurice Hatter - IMO PRECISION CONTROLS. - Toady's eternally curious mind often muses down the byways of etymology. Whither, for example, the curious idiom "mad as a hatter"? Not, certainly, anything to do with one Ma

by Toady.
Last Updated: 31 Aug 2010

Toady's eternally curious mind often muses down the byways of etymology. Whither, for example, the curious idiom "mad as a hatter"? Not, certainly, anything to do with one Maurice Hatter, entrepreneur extraordinaire and Toady's choice for this issue's MT Playmate of the Month. Not long ago, the aforementioned Hatter left the Royal Signals with £100 in his pocket. In 1991, his IMO Precision Controls - inelegantly sited next to Brent Cross - paid an extremely sane dividend of £145.23 per share, up from £10.37 the previous year. Since Hatter owns all 96,400 shares in his company, this made him some £14 million the richer, up from a humble £1 million the year before. One cannot but feel that Mr Hatter's surname is most inapposite. In any of Toady's many readers can suggest a more infelicitously named plutocrat, he or she will receive the usual bottle of finest hooch, plucked by this very hand from the MT cellar.

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