📖 The Scoop
"Even in the late 1980s, however, there were signs that the Reichmanns were headed for a fall as precipitous as their rise. Foster provides an insider's view of the convoluted and litigious takeovers of oil giant Gulf Canada and liquor and resources conglomerate Hiram Walker. He details the bizarre flirtation with the mercurial developer Robert Campeau that cost Olympia & York $600 million. And he plots, finally, Paul Reichmann's plunge into London's dockland development, Canary Wharf, the world's most ambitious real-estate project. Conceived as a monument that would change the shape of one of the world's great cities, it instead became a $3 billion symbol of financial hubris and feckless lending." "Peter Foster has been a long-time observer of the Reichmann story. Towers of Debt, a completely revised and updated edition of The Master Builders, which was published in 1986, takes the Reichmann story to its tragic conclusion."--BOOK JACKET.
Genre: Nature / Natural Resources (fancy, right?)
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