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How the Reichmanns' mystique did them in.

Source :
Maclean's. 5/25/92, Vol. 105 Issue 21, p32. 1p. 1 Color Photograph.
Publication Year :
1992

Abstract

Presents a commentary by Peter C. Newman who suggests that as long as the Reichmann brothers kept their business methods private they maintained the mystique that their personal assets were virtually unlimited and no banker need fear for his credit. What prevented the Reichmann companies from collapsing earlier was inflation, as rising real estate values kept the brothers ahead of their commitments. The third mortgage on Toronto's First Canadian Place; Errors in judgment; Canary Wharf.

Subjects

Subjects :
REICHMANN family

Details

Language :
English
ISSN :
00249262
Volume :
105
Issue :
21
Database :
Academic Search Index
Journal :
Maclean's
Publication Type :
Periodical
Accession number :
9206011258