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The last days of a manwho 'had everything'

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On Sunday, November 2, 2003, Robert Kissel must have felt the weight of the world on his shoulders. Only those close to the couple knew of the problems in the marriage, of wife Nancy's affair, and Robert's decision to talk to Nancy about getting a divorce that evening.

But on top of this he was preparing a bid for the biggest buyout of bad debt in Asian financial history. Since mid-September Robert had been working 14-hour days preparing to make a bid for $14 billion in non-performing loans from the Bank of China, which involved careful analysis of thousands of non-performing loans.

The competition was hot. This deal was considered a seminal moment in an industry that had blossomed in the wake of Asia's financial crisis in 1997 and 1998. And everyone wanted a slice.

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'It was historic. This was truly the moment, and we all wanted to be there,' said Joseph Draper, head of Asia Principal Investments with Citigroup.

Robert Kissel was portrayed in court as a debonair banker who loved the power, money and status of his job. But according to his colleagues, he was far more a humble, 'jeans and T-shirt guy' who was more of a number cruncher with a sharp brain and an eye for detail than one renowned for long lunches and flashy suits. 'Whether you spoke to Rob at 3am or midday, he was always sharp as a nail,' one colleague said.

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Robert had to be. In his line of work, one bad decision, one small factor of a loan not properly analysed, meant your company could lose millions, leaving your professional reputation in ruins.

At 9.30am that Sunday, Robert was as sharp as ever. The family was at the United Jewish Congregation. Nancy Kissel, far from the dour character slumped in the stand of the High Court during her three-month trial, was, as ever, the picture of blonde glamour and elegance - with her trademark dark sunglasses.

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