Decoding DemocracyBaltimore Bridge CollapseMillion BazillionI've Always Wondered ...

Loading...

0:00
0% played
Donate today and get a Marketplace mug -- perfect for all your liquid assets! Donate now
Stories Tagged as

Bankruptcy

Bed, Bath, Beyond, bankruptcy? A look at the retailer's bid to avoid Chapter 11

by Kristin Schwab
Feb 1, 2023
The troubled retailer has been struggling for a decade now. But is there still hope?
Experts think bankruptcy is likely for BB&B but not necessarily liquidation. Though Seth Basham, a retail analyst at Wedbush Securities, said the company needs to become a unique brand and create value that goes beyond those blue 20% off coupons.
Scott Olson/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

It just got easier to discharge student loan debt in bankruptcy

by Meghan McCarty Carino
Nov 18, 2022
In the past, not even one student borrower in 100 who declared bankruptcy had student loans discharged.
Unlike other forms of debt, student loans don’t automatically get wiped clean in bankruptcy.
Robyn Beck/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Sam Bankman-Fried Trial

Amid downfall of crypto exchange FTX, an absence of regulation and rescuers

by Kai Ryssdal and Anais Amin
Nov 14, 2022
FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor's Liz Hoffmann.
"Customers of FTX and a lot of these crypto companies that have gone bankrupt are realizing that they are the creditors," says Liz Hoffman of Semafor.
Leon Neal/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

What's the best way to navigate personal bankruptcy?

by Blake Farmer
Dec 27, 2021
For people pushed to the edge financially, bankruptcy can be an option. One nonprofit is trying to make the choice easier and less expensive.
Bankruptcy can be a lifeline for some, but it's still out of reach for many who can’t afford the roughly $1,500 it takes to hire an attorney and pay for court fees.
FuzzMartin via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
"Enron: The Smartest Guys in the Room"

The Enron scandal: 20 years later, what’s changed?

by David Brancaccio and Rose Conlon
Sep 23, 2021
Very little, according to Bethany McLean, the first financial reporter to ask questions about Enron's accounting practices.
Former Enron CEO and Chairman Kenneth Lay is sworn in before the Senate Committee on Commerce, Science and Transportation in 2002.
Stephen Jaffe/AFP/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Texas' largest power co-op files for bankruptcy

by Andy Uhler
Mar 1, 2021
Brazos Electric's filing could be an ominous sign as other Texas power providers assess the damage after the extreme weather.
High voltage transmission towers on Feb. 21 in Houston.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE
Shelf Life

COVID-19 is putting the economy on fast-forward

by Scott Galloway
Nov 24, 2020
Will that make it better or worse? Scott Galloway, professor at the NYU Stern School, weighs in with his new book, "Post Corona: From Crisis to Opportunity."
People wait in line to receive donated groceries on May 6, 2020, in the Queens borough of New York City.
Bryan Thomas/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

Wendy's looks to flip nearly 400 restaurants with bid to buy them from bankrupt NPC

by Andy Uhler
Nov 20, 2020
The fast food burger chain wants to keep the restaurants from going to its direct competitors
A vehicle pulls into the drive-thru lane at a Wendy's restaurant in Alhambra, California, on May 5, 2020.
Frederic J. Brown/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

What happens after a mall defaults on its loans?

by Marielle Segarra
Oct 27, 2020
The dominoes just keep falling: Banks, utilities, internal employees, maintenance crews — they could all lose out.
Screen shot PREIT marketing materials
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
COVID-19

Retail decline continues with bankruptcies and closures sped up by pandemic

by Justin Ho
Sep 29, 2020
Many retailers rely on robust holiday sales to boost the year's bottom line. Thanks to COVID-19, good luck with that.
A pedestrian walks past a permanently closed Jos. A. Bank clothing store in August in San Francisco. Tailored Brands, the parent company of Jos. A. Bank and Men's Wearhouse, is one of 29 big retailers to file for bankruptcy this year.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE