Fruit Machine: the Life and Times of Polly Peck

Fruit Machine: the Life and Times of Polly Peck

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Description

This work reveals the full story of Polly Peck. It draws on several exclusive sources to map out the drama and the crises that surrounded the major events in the company's 10 year history. Set against the background of the booming '80s, Polly Peck was both a symbol and a product of its times. From unpromising beginnings in the orange groves of Northern Cyprus and the rag trade of London's East End, its history became increasingly exotic, culminating in the glitz and tradition of Mayfair and Fifth Avenue, in palaces on the Bosporus and among the power-brokers and billionaires of Tokyo. It also provides a searching and objective portrait of the larger-than-life Asil Nadir. Charismatic and enterprising, Nadir raised the company from anonymity to an international financial empire that became the stuff of stockbroker legend as it diversified into one major industry after another. Yet in the end it was Nadir's style of management and his failure to listen to the advice of his closest aides that was to cause the downfall of Polly Peck. The repercussions of the collapse of Polly Peck will be enormous. The company has been investigated by the Serious Fraud Office and the case is being taken up in Parliament. For, while this is a story of greed and ambition, it also highlights severe flaws in the rules that govern stock exchange and other business dealings.show more

Product details

  • Hardback | 224 pages
  • 159 x 240mm
  • Bloomsbury Publishing PLC
  • London, United Kingdom
  • 0747509808
  • 9780747509806