Gutnick in front of portrait of Lubavitche Rebbe

Joseph Gutnick’s business dealings worked over in the Federal Court

And so for Joseph Gutnick it came to this.

His business life in paperwork stacked in sad, neat Pitcher Partner binders emblazoned with the words: “Bankrupt Estate of Joseph Gutnick.”

There are many of these books in the Federal Court hearing room, all brimming with documents.

They reveal the business affairs of one of Australia’s most successful speculative investors and appear at times ad hoc and almost always byzantine.

Read the full article by Sarah Danckert at The Sydney Morning Herald.