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The Bold Riders

Behind Australia's corporate collapses

Trevor Sykes

$45

Paperback

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English
Allen & Unwin
01 August 1996
Australia's corporate collapses of the 1980s were the most devastating in the country's history. The crashes of the empires of such former heroes as Alan Bond, John Spalvins and Christopher Skase had a massive impact that went far beyond the stock exchanges, shook the entire banking and financial system, and reverberated much further than Australian shores.

How did it all happen? What did it all mean? Will it happen again?

The Bold Riders

was published in 1994 to an avalanche of critical acclaim. Trevor Sykes has revised and updated this paperback edition to take account of new developments and further changes to the legacy of the 1980s.

'Sykes has emerged as the only person in Australia who has so far been able to fully explain the 80s. In fact, he has unlocked the door through a rare ability to analyse a balance sheet, piercing through its accounting veil of lies and deceit to the hidden financial reality. When this brilliant skill is combined with a personal acquaintance with just about every major player in the book and the great journalistic gift of making a story come alive you end up with

The Bold Riders. ' Andrew Clarke, The Sun Herald

'Sykes - whose

Two Centuries of Panic studies historic states of the collapsing art six years ago - is probably the only financial journalist in Australia capable of the tour de force of

The Bold Riders . The colour is abundant, the anecdotes fresh, the analysis dense and - notwithstanding the book's dimensions - the concision admirable.' Gideon Haigh, The Weekend Australian

'Here are yesterday's heroes and their dupes looking like utter idiots. You wonder how they were even given charge of a corner deli, let alone large licks of the Australian economy.' Tony Baker, The advertiser
By:  
Imprint:   Allen & Unwin
Country of Publication:   Australia
Edition:   2nd Revised edition
Dimensions:   Height: 215mm,  Width: 140mm,  Spine: 213mm
Weight:   902g
ISBN:   9781864481846
ISBN 10:   1864481846
Pages:   672
Publication Date:  
Recommended Age:   From
Audience:   College/higher education ,  Professional and scholarly ,  Primary ,  Undergraduate
Format:   Paperback
Publisher's Status:   Active
Figures and tables Preface Note to the second edition 1 The seeds 2 The first trustee company: TEA 3 The birth of WA Inc 4 Rothwells: the three collapses 5 Spedley: the paper castle 6 Bond: the ultimate bold rider 7 Friedrich Mitty 8 The wild bastard 9 Qintex: the shimmering mirage 10 Abe Goldberg: the smart one 11 Estate Mortgage: the giraffe who grew too high 12 The great Pyramid of Farrow 13 The sinking of Adelaide Steamship 14 Trico: the child who went wrong 15 SBSA: a fashionable bank 16 A few quick ones 17 Give or take a billion Appendix Notes Index

Currently senior writer for Australian Financial Review. Trevor Sykes has edited both The Bulletin and ABM, created the longstanding Pierpont column in the Financial Review and the The Bulletin, and is author of The Money Miners and Operation Dynasty: How Warwick Took John Fairfax Ltd as well as Two Centuries of Panic.

Reviews for The Bold Riders: Behind Australia's corporate collapses

?This is an interesting book. David Schwartzman uses an eclectic combination of ideas to argue that black unemployment is especially high because black workers are especially likely to be unskilled....The strength of Schwartzman's book is his concern with the well-being of unskilled workers. This perspective gives him a critical insight into the unbalanced effects or economic growth, such as its propensity to generate unemployment as well as employment. It also creates a coherent political perspective which cannnot be neatly categorized as left or right. He is critical of immigration, affirmative action, free trade, investment incentives, liberal social policies and public school monopolies. He supports public works programs, trade barriers, more spending on schooling, and vouchers. Whether or not he is right, it is a perspective deserving wide currency in these politically fractured times.?-Eastern Economic Journal


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