Pierre Brazza's rival, the British explorer Henry Morton Stanley, mythologised through his search for Livingstone, reached the far shore, establishing a trading post that was to become the town of Leopoldville.

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Born a bastard in Wales and raised in a workhouse there, he denied his humble beginnings, changed his name from John Rowlands to Henry Morton Stanley and claimed the United States as his birthplace.

ECONOMIST: An African adventurer

This put him in the same league as the likes of Henry Paulson of Goldman Sachs and Philip Purcell of Morgan Stanley.

ECONOMIST: Grasso's brass neck | The

This put him in the same league as, if not ahead of, the likes of Henry Paulson of Goldman Sachs and Philip Purcell of Morgan Stanley.

ECONOMIST: Grasso's brass neck | The

The move comes hours after the chief executive of Morgan Stanley, John Mack, spoke by telephone with SEC Chairman Christopher Cox, Treasury Secretary Henry Paulson and Goldman Sachs CEO Lloyd Blankfein about the day's sell-off in Morgan and Goldman shares, which plunged 27% and 18%, respectively.

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