The escapades of such Debtor Barons as Robert Campeau are depicted against the backdrop of national ardor for acquiring debt that characterized the 1980s.
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Most Helpful Customer Reviews
1 of 1 people found the following review helpful:
5.0 out of 5 stars
A great read for those interested in the retail industry,
This review is from: Going for Broke: How Robert Campeau Bankrupted the Retail Industry, Jolted the Junk Bond Market, and Brought the Booming 80s to a Crash (Paperback)
This story is so outrageous that its sad to be true. Mr. Campeau is directly responsible for much of what we see and don't see today in the department store industry, especially industry behemoths and the disappearance of once celebrated stand-alone department stores. It is a warning for investment bankers, private equity buyers, and corporate buyers who have quickly forgotten how the excesses of the 1980s came crashing down, as well as providing a solid foundation the department store retail sub-sector. To top it off, it is a good, well written, and entertaining story.
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