Short Cuts
John Lanchester: The Art of Financial Disaster, 15 December 2011
“... a lot of money. But the more one looks at it, the worse it gets. Behind the apparent simplicity of Richard Branson’s Virgin having bought the Rock lies a more complicated story in which the bulk of the money for the deal comes from Branson’s partner, W.L. Ross and Co, a specialist in distressed companies and undervalued shares (one of Wilbur Ross’s ... ”