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Jan 31, 1996

Encounters: Exchange to Fit

Can the loss of another CEO at London's exchange just be chalked up to experience?

To hear one allusion to The Importance of Being Earnest can be amusing; to hear a dozen feels like tedium. Yet after the London Stock Exchange found itself without a chief executive for the second time in three years, almost everyone in the City with literary pretensions was citing Lady Bracknell. So it was no surprise that Jeremy said: 'To lose two might seem like carelessness,' when I raised the abrupt firing of the London exchange's CEO Michael Lawrence with him. 'But there were very good

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