The downfall of Jesus Christ Superstar

Article Abstract:

Skalbania at one time oversaw an empire worth around $500 million earned mostly through real estate and sports franchises. He was known for his extravagant spending and risky business ventures. However, by 1996 he was deeply in debt and was recently convicted of fraud, theft and forgery.

Fraud, Skalbania, Nelson

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Too smug to attend his own insolvency

Article Abstract:

Marshall held a press conference from his vacation in Colorado to discuss the bankruptcy of his real estate development company in Canada. The $5 billion bankruptcy filing demonstrates the lax policies with which banks loaned money to previously successful companies.

Banking industry, Management, Behavior, Bramalea Ltd., Marshall, Marvin

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Reuben Cohen's sad and brutal downfall

Article Abstract:

Reuben Cohen built Central Trust Co (Halifax, Nova Scotia) into the fourth-largest trust company in Canada. The decline of the real estate market affected loans and debt incurred from 32 acquisitions led to financial problems for the firm.

Financial services industry, Financial services, Cohen, Reuben, Central Trust Co. (Halifax, Nova Scotia)

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