|Title: The Two Tycoons: A Personal Memoir of Charles Clore and Jack Cotton
Author: Gordon, Charles
Publisher: Hamish Hamilton
Date Published: 1984
Specifications: HC., 242pp., 5.5" x 9", 500g.
Condition: Good in dust jacket.
Copies in stock: 1
Category: Property More books in this category
Book type: Investment History
Hindsight ID: 1042
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|Notes: In many ways this is the prequel to Gordon's Cedar Story. Gordon became one of the first serious property jounalists (with the Investors Chronicle) in 1959, when the sector was undervalued, and became a consultant and player as part of the empires of both Cotton and Clore. He knew them well, and he knew the business well, and could not have been better placed to tell this somewhat tragic story. The moods of early 1960s Britain, raising itself from a post-war stupor, are captured in the aspirations and lifestyles of the property players. The mechanics and mathematics (see page 60) of the property boom, with the vital role of local authorities, institutions, lengethening of leases and leveraging are clearly shown. Behind the noise of clashing egoes, there is the sound of capital at work. As for the players, the intoxification of their new fortunes, inevitably, led to hubris and then the fall.
Keys: Charles Clore, Jack Cotton, Property, Tycoons, Real Estate, City Centre Properties, Flack, Hambros, Sainer