The firm remained in the Wedgwood family until the middle of the last century, when Josiah Wedgwood V, great-great-great grandson of the founder, floated it on the stock market.
Earlier this year, the realms of law and new media collided when Lori Drew was hit with federal charges for creating a fake My Space page and harassing a neighboring teenager, who then committed suicide. technology, prosecutors are reportedly searching Facebook and My Space for photos of defendants to use as character evidence in sentencing hearings.
CNN reports that party photos and pictures of defendants drinking or looking unrepentant have resulted in harsher sentences for people charged in drunk driving accidents, with prosecutors presenting the incriminating pictures as evidence that the defendant lacked remorse.
Black basalt rabbit, 1911 This astonishingly modern looking rabbit,with yellowglass eyes,shows just how Wedgwood moved with the times into the 20th Century, with designs showing more wit and becoming less ornate Profits collapsed and, in 2009, Waterford Wedgwood went into administration.
The remnants of the business were taken over by a private equity firm, KPS Capital.
Its jewel of a collection would have to be sold off.
That collection has been valued by auctioneers Christie’s at £15.75 million.
As if the decline of this once globally respected brand wasn’t tragic enough, there was a final hammer blow.
Thanks to a quirk in pension law, the Wedgwood Museum was held responsible for the collapsed company’s £134 million pension debt.
In one instance, a prosecutor showed the court a Powerpoint presentation of party photos that had been posted on Facebook by a 20-year-old defendant after he nearly killed another driver in a three-car collision.
The pictures depicted him at a Halloween party dressed as a prisoner in an orange jumpsuit labeled “Jail Bird.” The judge slammed him with a two-year jail sentence.
Slave medallions, 1787: In the 1780s, Josiah Wedgwood, an anti-slavery activist, produced medallions advocating its abolition, made and distributed at his own expense. ’, they were tremendously popular In a story that sums up the woeful tale of British manufacturing over the past half-century, Stoke’s Wedgwood Collection — the best collection of pottery in the country — will be divided up and flogged off, unless a £15.75 million rescue plan can save it for the nation.