I would love to have stood up in court and said, “Actually, that is not true.”You say that if you had been called as a witness by either prosecution or defence you would have been happy to have come forward. Which I thought was a little unfair, given that he’s now been proven to be an absolute liar. We had the Nick Hewers and people like that doing the same thing, making allegations which were not new to anybody at all.You say there was no new evidence?Nothing came out that had not been put to me in interviews with the DTI and Trinity Mirror. There were certain things that had not come out as far as the public and the media were aware, and it was portrayed as dynamite new evidence that was going to lead to me being caged But it wasn’t. Nothing new came out at all.One instance of what appeared to be new evidence was Nick Hewer saying you told him to lie about the timing of a phone call between him and Anil Bhoyrul.Absolutely cock and bull rubbish.
I never asked Nick Hewer to lie.The head of the Trinity Mirror internal investigation said during the trial that he would not have cleared you if you had asked Hewer to lie for him.They would have found differently, of course they would Nick Hewer made that claim very early on. He was tearing into Martin Cruddace, Tina Weaver and me, so we got all the adverse headlines. Why?The way the trial was conducted was wrong and unfair because none of the people Hipwell pissed on were able to go and give evidence. In an exclusive interview, Morgan puts his side of the story in what he says will be the final time he talks about the shares scandal.In the recent trial, James Hipwell accused of you lying and much else You say this is unfair. Other accusations were made against the Mirror lawyer, Martin Cruddace, and Morgan’s then deputy, Tina Weaver, that they had tried to interfere with the Mirror internal inquiry.After the testimony in court, some questioned why Morgan was not on the stand, and others queried his suitability to be the owner of the media’s own trade magazine, Press Gazette. Viglen’s former PR boss, Nick Hewer, also accused Morgan of asking him to “concoct a helpful version of events”. He was cleared of wrongdoing by the DTI and a Trinity Mirror internal investigation, although he was censured by the Press Complaints Commission.But at the trial, Hipwell accused his former boss of having known all about the tip, of encouraging him to trade in shares while writing about them, and even of being involved in the writing of the Viglen story.
He had also bought shares in Viglen on the same day, 18 January 2000 – some £67,000 worth, instead of the £20,000 reported before – but has always denied any knowledge of the Slickers’ tip. They were charged under the Financial Services Act and prosecuted by the Department of Trade and Industry.
But for some, the case raised more questions than it answered about the conduct of the Mirror’s then editor, Piers Morgan. Hipwell and Bhoyrul had bought shares in Viglen Technology, an electronics firm owned by Sir Alan Sugar, the day before they tipped the firm in their column. His accountant, Samuel D Leidesdorf, persuaded him to settle for $17,000.Thereafter Leidesdorf advised Einstein, and the share certificate sold last week may indeed represent Leidesdorf’s, rather than Einstein’s, acumen.. The shares scandal that broke at the Daily Mirror nearly six years ago reached its conclusion this month, when the authors of the paper’s City Slickers column, James Hipwell and Anil Bhoyrul, and a day trader, Terry Shepherd, were found guilty of “conspiring to profit by creating a misleading impression as to the value of a company”. “Money only appeals to selfishness and always irresistibly tempts its owner to abuse it,” he once said.Einstein pulled off the feat of being genuinely non-materialistic, while having more than enough money. On arrival in Princeton in the 1930s, he was asked to name his salary, and arrived at a figure of $3,000 This was turned down, to his surprise, as too low.
It reveals that Einstein’s 60 shares in May Department Stores alone doubled in value in six years.
The image of Einstein as stock-market punter does not sit easily with that of Einstein the pacifist and idealist. Already an MBE and OBE, she became a Dame in the last New Year Honours List.. Albert Einstein and his scientific achievements are world-renowned. Less well-known are his successes as a stock market investor. But it turns out that, in less than 20 years, he and his adviser turned a few thousand dollars into more than $250,000. A share certificate signed by the world’s most famous physicist, discovered in the US, fetched €28,000 last week in Berlin. Now Britain’s greatest-ever Paralympian, with 11 gold medals, three silvers, a bronze and world records over distances from 100m to 800m Competed in five Paralympics.
