...Fairfax Media has found desperate companies are increasingly hiring self-described ''mediators'' like Ray ''Rugby'' Younan, James ''Big Jim'' Byrnes and Alex ''Little Al'' Taouil to resolve and collect debts....A series of high-profile multimillion-dollar bankruptcies over the last two years has created a domino effect resulting in out-of-pocket sub-contractors employing people with questionable pasts to chase debts for them....
...The Australian Securities and Investments Commission found one in four building companies go bust, the worst figures for any industry, with a total of 1113 insolvencies reported last year. Mr Parker said ''hoons and goons'' have always been in the building game but the economic downturn has made some builders ''do desperate things''. (here)
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