FT publishes fake letter

That bastion of the UK establishment, the Financial Times, ran a letter on Saturday, April 15 from one Christopher Grey of New York consulting outfit Zodiac Consulting Partners. Grey expressed concern that Psion's share price had dropped 666 pence on the London Stock Exchange (on April 11) and predicted the imminent death and destruction of all day traders in the forthcoming deluge. Alarm bells ringing, we tried to contact the mysterious Man in Grey. Google failed us. When directory enquiries failed to come up with a number for the firm, we tried the letters page at the FT. "Er, yes, we know the company doesn't exist," explained an embarrassed staffer. "But it's a great letter so we thought we'd run it anyway." ®