Reversal of fortune

By Jane Cadzow
Updated December 14 2013 - 1:13am, first published December 13 2013 - 5:00pm
Master of the universe ... the late David Coe, whose Allco Finance Group's collapse in 2008 was one of the biggest corporate implosions in Australian history. Photo: Getty Images; Andrew Quilty; Fairfax Syndication

David Coe had an easy grin and engaging manner. He was rich, well-connected and charming, one of those people who seem to glide through life with a little more grace and flair than the rest of us. For some reason, this made his death on a Colorado mountainside late last January all the more shocking. "It was a really nice, heading-into-spring Aspen day and he was skiing a mountain he knew like the back of his hand," says Tony Cochrane, a business associate and friend who was waiting for him in a tavern at the base. "He had a massive heart attack on the last run of the day."

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