Title
Towers Of Debt: The Rise And Fall Of The Reichmanns/The Olympia & York Story
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Donald Trump Was Chopped Liver When Compared With The Reichmann Brothers, Wrote A Business Reporter In Newsweek. At Its Peak, According To Business Week, The Reichmanns' Family Company Olympia & York, Was The Largest Real Estate Empire On Earth. The Extraordinary Transformation Of The Reichmann Financial Colossus Into The World'S Biggest Private Bankruptcy Filing (Time) Is The Subject Of Peter Foster'S Dramatic Saga Of An Empire'S Rise And Fall.Foster'S Story Takes In The Legendary Reichmann Family History: Their Flight Across Europe Ahead Of The Nazis, Their Residence In Wartime Tangier, And Their Establishment Of A Modest Tile Business In A Toronto Suburb. From That Tiny Base, Paul Reichmann And His Brothers, Albert And Ralph, Went On To A Series Of Real Estate Developments Each More Spectacular Than The Last: The Pathbreaking Construction Of Canada'S Tallest Building, First Canadian Place; The Deal Of The Century Purchase Of Eight Manhattan Skyscrapers In 1977; And The Development Of New York'S Architecturally Acclaimed World Financial Center.At The Center Of These Spectacular Developments Was Paul Reichmann. He Was Devout, Hardworking, And Modest. His Word Was His Bond, And On The Strength Of His Word, Banks On Three Continents Fell Over One Another To Lend Him Huge Sums Of Money In The Belief That Everything Paul Reichmann Touched Turned To Gold.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 Realestate 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 Longtime 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.
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This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
- Q: What is the page count of this book? A: This book has three hundred twelve pages. It provides an in-depth look at the rise and fall of the Reichmann family.
- Q: What are the dimensions of 'Towers of Debt'? A: The book measures six and a half inches in length, one point two six inches in width, and nine point two five inches in height. These dimensions make it a standard hardcover book size.
- Q: What type of binding does this book have? A: This book is bound in hardcover. Hardcover books are known for their durability and ability to withstand wear over time.
- Q: Who is the author of 'Towers of Debt'? A: The author of this book is Peter Foster. He has closely followed the Reichmann family's story throughout his career.
- Q: What genre does 'Towers of Debt' belong to? A: This book falls under the Business and Money genre. It focuses on the intricacies of real estate and financial empires.
- Q: How should I read this book? A: You can read this book at your own pace, as it is suitable for anyone interested in business history. It offers insights into real estate and financial strategies.
- Q: Is this book suitable for young readers? A: This book is not specifically aimed at young readers. It contains complex themes and discussions about financial matters that may be more suitable for adults.
- Q: How do I store this hardcover book? A: Store this book upright on a shelf to maintain its shape. Avoid placing heavy objects on top to prevent damage to the spine.
- Q: Can I keep this book in a damp environment? A: No, you should not keep this book in a damp environment. Moisture can damage the pages and binding, leading to mold growth.
- Q: How do I clean the cover of this book? A: To clean the cover, use a dry cloth to gently wipe off dust. Avoid using water or cleaning solutions that may damage the surface.
- Q: How does 'Towers of Debt' compare to other business books? A: This book offers a unique insider's view on the Reichmann family's business strategies, making it distinct from other business books that may focus on broader topics.
- Q: Is this book good for someone new to business history? A: Yes, this book can be a good introduction to business history. It provides captivating narratives that illustrate key concepts in real estate and finance.
- Q: What if I find the book damaged upon arrival? A: If the book arrives damaged, you should contact the seller for a return or exchange. Ensure to keep the packaging for the return process.
- Q: What is the return policy for this book? A: The return policy typically allows returns within a specified period. Check the seller’s website for exact details on their return policy.
- Q: Can I purchase this book as a gift? A: Yes, this book makes a great gift for anyone interested in business or real estate. Its engaging story is appealing to readers.