Requiem for a Family Business - Hardcover

Guinness, Jonathan

9780333661918: Requiem for a Family Business

Hardcover

ISBN 10: 0333661915 ISBN 13: 9780333661918

Publisher: Macmillan, 1997

In this study of the Guinness affair, Jonathan Guinness, himself a non-executive director of Guinness for 27 years and the eldest son of Lord Moyne, former vice-chairman of Guinness, looks into not just the affair itself, but also the wider saga of the Guinness family and fortune.

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Review:

Jonathan Guinness was a non-executive director on the Board of Guinness PLC for 27 years. He inherited the title "Lord Moyne" and his seat in the House of Lords in 1992 from his father, Bryan Guinness. In his third book, Requiem for a Family Business, he gives a fascinating account of one of the biggest corporate scandals ever seen in the UK. The book starts with Arthur Guinness and the founding of the company with its move to St James's Gate, Dublin in 1759 and continues through the history of the company to the appointment of Ernest Saunders as Managing Director. Guinness then focuses on the boardroom battles and criminal trials which made the headlines and shamed the company. He gives calm, considered and well-explained answers to the attacks made on the company by Saunders in his own book, Nightmare. Overall, Requiem for a Family Business is a fair, well-observed account of the wheeling and dealing that took place. Its strength lies in that it is written from an insider's point of view; the insider having been part of the dynasty that had a stake in the company for over 200 years. --Pat Naylor

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