Notes |
- From official Bio
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In 1924, he met an American nurse, Catherine “Kay” Newbold Barstow of Philadelphia, who was vacationing in Bermuda. That fall he followed her to Manhattan, where he found employment more to his liking. He worked for a trust company while taking night courses at the American Institute of Banking.
In 1926, he joined a brokerage firm, but he lost all his savings in the 1929 stock market crash and the firm went belly-up. Several lean years followed. In 1930, he founded a brokerage company with two other partners, but it failed to take off. It was a time, he said, in a Bermuda Sun interview, “when it became common place to see people committing suicide by jumping off skyscrapers because they had lost everything in the stock market crash.”
Bank of Bermuda
He had re-established his career at Standard Statistics Company, managing investment accounts, when the Bank of Bermuda came calling. In January 1934, he took up the number two post of secretary. He returned home with Catherine, whom he married on August 17, 1925.
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