Geoffrey Conway-Henderson (crazy name, really crazy guy) was one of the first people hired by Michael Spencer, the founder of interdealer broker ICAP, when he was setting up the business. So one can assume he trousered a few sovs during his career.
Sadly, GC-H seems to have given most of it back to Spencer via City Index, the spread betting business the Tory treasurer also set up.
This prompts a couple of thoughts. One: these people can't help themselves - if you make a million in the City, go home, stop reading the FT and learn how to cook.
Two: If even City "experts" like Conway-Henderson can lose their shirt (if not all of their names) spread betting really is very risky. Like the ads say, you may lose more than your initial stake...
Two: If even City "experts" like Conway-Henderson can lose their shirt (if not all of their names) spread betting really is very risky. Like the ads say, you may lose more than your initial stake...
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