Commercial Radio was the ‘gold rush’ of the late 1980s, and everyone and anyone wanted a piece of the action. There were rock stars, impresarios, lawyers, sportsmen, public relations gurus, stockbrokers and socialites, all prospecting for a licence to print money. These licences, awarded by the Independent Radio & Television Commission (IRTC), were cheap and they held the promise of easy money for the influential, the fortune and the favoured. The reality turned out to be a little different. The road to radio riches was eventually littered with casualties, but only after the initial eupho...