Rtn Ray Hare Speaker meeting 22-Apr-10 A
s the company
continued to grow and flourish Ray moved stealth- ily through the ranks until he became an assistant to one of the executives before becoming one himself. In 1961 there was a staff of 200 plus 12 partners and by the time Ray retired there was a staff of almost 1000 plus 56 partners. It was a not all work, there was some play and Ray represented the company at football and even took part in the annual London to Brighton walk. (He was quite proud of the respectable time he achieved and if you have a couple of spare hours he will happily take you through the experience step by step!)
W
ith regard to the Executives it was always a bit of “them and
us” and Ray did get the opportunity to see “how the other half lives”. He was after all mixing with ex-army officers (Ray did become an „acting corporal‟ unpaid!) ex public school/university and well-connected Chaps. Anyway despite the hardships of mixing with such company he and his family did enjoy some wonderful Christmas parties, Family Days (at Buscot Park and West Woodhay) at such place as The Savoy and the Hilton in Park Lane.
T
hrough the years Ray saw and experienced some amazing
financial deals with lots of money being made and in some cases lost. In 1984 Caz, as the company was fondly referred to, was granted it‟s own Coat of Arms, a first for a Stock Exchange Part- nership.
C I S
az survived the Big Bang of 1986 and actually did well for both the
company and the clients as we went through the privatisations of companies such as BT, British Gas, Electric and Water.
n 1995 Ray Retired but that was not quite the end of the story.
ome 5 years ago due to the ever in- creasing need for massive capital
investment, the American Bank
J.P.Morgan formed a joint partnership with Caz and then very recently they announced its intention to exercise the option to buy out the 50% from Caz. Sadly that bi-centenary seems not destined to happen so perhaps it was a good thing that somebody got their Math wrong when they commissioned the book to be written.
R I
ay signed off his very entertaining talk with this advice and apologies
to Kipling;
f you can keep your head while all about you are losing theirs, maybe you haven’t heard the news!!!
S tory supplied by George Larkey 21
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