AustLit

'The late Kerry Packer once quipped, ‘You only get one Alan Bond in your lifetime, and I’ve had mine.’ Packer was referring to the 1987 deal in which the Perth-based Bond bought Packer’s Nine network for $1 billion. The wily Sydneysider clawed back an equity stake in the top-rating station upon Bond’s bankruptcy and slide into ignominy, when Bond was found guilty of committing, through other companies, Australia’s biggest corporate fraud.' (Introduction)