AUTOS: The Bricklin Bombs
It always seemed like a foolhardy venture: Malcolm Bricklin, 36, an unconventional millionaire from Philadelphia who sometimes wore Indian beads, thought he could start an auto-manufacturing business from scratch. To the surprise of many, Bricklin, who had made his original fortune running hardware stores, actually acquired two plants in Canada's New Brunswick province and started making his unconventional Bricklin cars. Now two secured creditors and the New Brunswick government, which had put up more than $20 million in cash and loan guarantees to obtain 67% control of Bricklin Canada Ltd., have...
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