Alan Bond Comeback
May 31st 2008 10:02
The news on Thursday everywhere were that ex-tycoon Alan Bond was back in the BRW Rich List 200 with a fortune of $345 million. These assets are mostly African mines he could not recall as owning when faced with creditors almost 20 years ago.
Alan Bond was a ruthless dealmaker, built a business empire based on debt that fell like a castle of cards, defrauded his accounting and disgraced many people. Not surprisingly, he wound up bankrupt and in jail.
Alan Bond does not seem to me to have any quality I could appreciate, but I recognize that like The Honk Kong Man I wrote about elsewhere, he seems to know where he belongs.
Alan Bond was a ruthless dealmaker, built a business empire based on debt that fell like a castle of cards, defrauded his accounting and disgraced many people. Not surprisingly, he wound up bankrupt and in jail.
Alan Bond does not seem to me to have any quality I could appreciate, but I recognize that like The Honk Kong Man I wrote about elsewhere, he seems to know where he belongs.
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