TOO BIG TO FAIL
INSCRIBED by AUTHOR
Total In Stock: 1
McClelland & Stewart, Toronto, 1993, 1st/1st. ISBN 0-7710-0177-0. Hard cover, 335 pages including Appendices, Notes, Bibliography, and Index. Very good; light shelf wear, sound binding, small light spot on top edge. Dust jacket with price intact shows light edge and cover wear and a touch of toning. INSCRIBED to prior owner by author on FEP; remainder of interior clean and unmarked; black & white photo plate section. ‘”We do not know, in Courtroom 6-1, how much Olympia & York owes, or owns, or when it is likely to be able to pay back (we can guess, though: a lot, not much, and probably never). We are staring at what might be the largest bankruptcy on record; or perhaps, not … The one thing we do know is that O&Y will not be allowed to collapse entirely, because they are too big to fail.” – from the Prologue. That was in May 1992. A year and a half later the Reichmanns, whose name is inseparable from Olympia & York, are alive and well and launching projects around the world – most notably in Mexico – through their new company, Reichmann International. In Too Big To Fail, Walter Stewart has written a fascinating, highly irreverent, blow-by-blow account of the unravelling of a vast company and the rise and fall – and potential rise – of a remarkable family.’ (from rear panel)