Pick the corporate failure in this photograph
Submitted by rickeyre on
Taxonomy upgrade extras:
- Read more about Pick the corporate failure in this photograph
- Log in to post comments
Submitted by rickeyre on
Submitted by rickeyre on
Craig McDermott was a tireless pace bowler for Queensland and Australia who took 291 Test wickets between 1984 and 1996. Now a member of that noble profession the Property Developer, he borrowed $18 million from property investment group Bridgecorp.
Bridgecorp tanked last week, taking the retirement savings of many small investors with it. McDermott still owes Bridgecorp $18 million.