Summary
THE libel action brought by Collins Stewart Tullett against the Financial Times has been a costly exercise for a newspaper struggling to break even in a roaring bull market which should see the Pink 'Un in the rudest of health.
Indeed, with this affair behind it Pearson, the paper's owners, might finally decide that the FT is no longer a core asset.See the full content of this document
Extract
Smith's Hubris and Nemesis ; City Comment
Terry Smith and the broking firm he helped create will receive a pound of flesh in the shape of a correction on the front of the paper's Companies Markets section. But the real losers in this sorry affair...
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