Sunday, August 18, 2013

Due Diligence / Michael A. Kahn / 326 pages / St. Louis Challenge

"Due diligence is the stage in every corporate acquisition between the handshake and the closing, between the engagement party and the wedding vows, between the press release announcing the deal and the day the New York stock exchange opens with one less listed company.  Due diligence is what squadrons of lawyers, accountants, and other specialists do to the books and records and the assets and liabilities of the target company during the months before the closing."  Bruce Rosenthal's due diligence resulted in his murder by trash chute/compactor.  Rachel Gold investigates his death and uncovers a bizarre plot implicating a U.S. senator from Missouri with presidential aspirations.  This set-in-St. Louis novel is part of a series starring Rachel Gold written by St. Louis lawyer Michael Kahn.

"On average, it takes eight to ten years and 50 - 80 million dollars to bring a new drug to market."
"By 1860, there were more than 40 breweries in St. Louis...caves."

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