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Life After Public Failure with Warwick Fairfax - Ep 130
Today we are going to talk about public mistakes: big, flagrant, public mistakes that might best be described as “failure” and earn the derision of the press and cost your family hundreds of millions of dollars. Warwick Fairfax was the heir apparent to run John Fairfax, Ltd, an Australian newspaper and media conglomerate that ownedThe Sidney Morning Herald,The Agein Melbourne, and The Australian Financial Reviewand other valuable properties. In 1987, with corporate raiders lurking, Warwick took on massive leverage and launched a $2.25Billion bid to take control of the 150-year old company…
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