Limited double red vinyl LP pressing including 13 bonus tracks. By the time McCarthy appeared on the NME's C86 cassette they had already been playing together for a couple of years and released two excellent singles. Their debut "In Purgatory" and the indie masterpiece "Red Sleeping Beauty" (both included on this release). The following year McCarthy released the brilliant "Fran's Hals" before unleashing their debut album I AM a WALLET. Now recognized as an indie pop masterpiece it has gone on to achieve cult status, receiving praise from the likes of Nicky Wire (Manic Street Preachers) as one of the most important albums of the '80s. Known by today's indie acolytes as the band that spawned Tim Gane and Leititia Sadier (who of course went on to form Stereolab).