Friday, June 15, 2012

Tycoon in a Typhoon

There is that story about a bull frog that wanted to be the biggest and kept puffing himself up till he burst. Now everyone knows, of course, that a bubble if it continues to expand must at some point burst and splatter everybody around it. So it is with an empire, real estate or some other kind, that crashes when it has overextended itself or made so many enemies that it cannot handle them. This is what the real estate tycoon Malik Riaz has discovered when for reasons best known to him he decided to go public with information damaging for a particular individual and a specific institution. Inevitably the focus has shifted to him and his activities and the spectrum is widening by the day---in fact by the minute.

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