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Towers of Debt
A fascinating true story of big business, big real estate, big money--and the big problems that can happen when things go wrong. Beginning with the Reichmann brothers' escape from Nazi-occupied Europe to Morocco and their subsequent immigration to North America where they built their real estate empire from a tile business, Towers of Debt explains how the Reichmann empire ...more
Published March 15th 1993 by Key Porter Books
(first published March 1st 1993)
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I've lived near Brookfield Place in Lower Manhattan, and I've been to Canary Wharf in London but I didn't know the remarkable story of the family, the Reichmanns, that developed those projects. Paul Reichmann took a small tile importing company from the outskirts of Toronto and turned it into a global investment conglomerate that owned Gulf Canada, Hiram Walker, and a variety of other natural resource and real estate entities. Like the title implies, Paul Reichmann was a master at raising debt a ...more