TOO BIG TO FAIL

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Olympia & York: The Story Behind the Headlines
INSCRIBED by AUTHOR
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$30.00

Total In Stock: 1

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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)

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