In 1986 I wrote to
Rene Rivkin at my dad's suggestion, in an attempt to get a holiday job. Dad, an admirer of Alan Bond and John Elliott, relentlessly fed me business magazines which piled up unopened. Knowing very little about Mr Rivkin except that he was a famous stockbroker and I had made a profit in a share trading game run by my economics teacher, I wrote to say how much I admired him and would like to work for him. Now that I think about it, the letter was my first attempt at manipulating somebody with words, and it worked.
"Dear Simon, Thank you for your letter. Mr Rivkin would very much like to meet you."
Eventually the invitation was reduced to an impending phone call. On the appointed day, I set up a pen and paper beside the phone downstairs and waited. I was upstairs when the phone rang and raced down the steps, but it stopped after about 4-5 rings and didn't ring again. Dad explained that Mr Rivkin was the kind of person who had a phone next to his toilet because he didn't have enough time to make such calls. I was kind of glad I didn't have to talk to someone who was taking a shit.
Ultimately Mr Rivkin's secretary arranged for me to work in the courier department at Rivkin James Capel, where I earned $130-$160 a fortnight for two sets of holidays, delivering $2 million cheques and share certificates to banks, other stockbrokers and Kerry Packer's Australian Consolidated Press where I would later work as a journalist. I even stood in an elevator once while Mr Rivkin puffed on his cigar and fidgeted with his worry beads, but I wasn't brave enough to say "I'm the guy who sent you the letter". I knew I was being exploited and I encountered some awful people, but I was 16 and it was my first ever income. Eventually it became my spending money on an exchange trip to Germany.
So tonight I watched a nearly-broken Rivkin interviewed on
Enough Rope two days before he was convicted of insider trading, expecting to despise the guy. And after all this time, I finally came to admire him. He can have that letter and keep it, because he told the truth -- that the mega-rich are all corrupt and engaged in bribery, and that they get rich at the expense of other people. Rivkin admitted to trying to bribe someone and failing at it, along with disobeying an order from Kerry Packer to "lose my fuckin' son some fuckin' money" because he felt sorry for Jamie. He said he had been unwilling to hurt people in order to get richer, and I respect him for it.
I'll be watching for his sentencing, and I might even write to him again.