Business Services Industry
Once a prince, Rocket Rodney turns into a frog.
Australasian Business Intelligence, December, 2002
Dec 06, 2002 (The Age - ABIX via COMTEX)
Rodney Adler was 29 when he took over at FAI Insurances after the death of his father, Larry, in 1988. After earning the title "Rocket Rodney", he has crash-landed, including being found guilty of Corporations Act civil breaches and now facing criminal charges laid by the Australian Securities & Investments Commission. After leaving Cranbrook School, where he befriended Paul Brown, who later helped him move money about inside FAI's controversial investment, Home Security International, he completed a bachelor of commerce degree at the University of New South Wales and a master of economics at Macquarie University. The FAI he then inherited was burdened with disastrous massive exposures to Bond Corporation, Qintex,...
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