The Afternoon Update with Lynlee Foo

Money in the Market: What's triggering the latest wave of Chapter 11 bankruptcy filings?


Listen Later

Earlier this month, digital media giant Vice Media, once valued at nearly US$6 billion, filed for Chapter 11 bankruptcy protection. 

Vice was one of seven large companies that filed for Chapter 11 in less than 48 hours, the largest number on record during a two-day period since 2008.

So is the problem simply just down to aggressive debt accumulation during the low-interest-rate era, or is it more layered?

On Money in the Market, Hongbin Jeong speaks to Finbarr Flynn, Editor Asia Credit at Bloomberg News, to find out more. 

See omnystudio.com/listener for privacy information.

...more
View all episodesView all episodes
Download on the App Store

The Afternoon Update with Lynlee FooBy MONEY FM 89.3


More shows like The Afternoon Update with Lynlee Foo

View all
WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,364 Listeners

Behind the Money by Financial Times

Behind the Money

225 Listeners

The Straits Times Podcasts by The Straits Times

The Straits Times Podcasts

10 Listeners

BT Money Hacks by The Business Times

BT Money Hacks

0 Listeners

FT News Briefing by Financial Times

FT News Briefing

686 Listeners

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek by MONEY FM 89.3

Breakfast with Ryan Huang, Emaad Akhtar and Audrey Siek

0 Listeners

Money Matters with Hongbin Jeong and Chua Tian Tian by MONEY FM 89.3

Money Matters with Hongbin Jeong and Chua Tian Tian

0 Listeners

Your Money with Michelle Martin by MONEY FM 89.3

Your Money with Michelle Martin

1 Listeners

Pekingology by Center for Strategic and International Studies

Pekingology

130 Listeners

The Business Times Podcasts by The Business Times

The Business Times Podcasts

0 Listeners

WealthBT by The Business Times

WealthBT

0 Listeners

The Rest Is Politics by Goalhanger

The Rest Is Politics

3,289 Listeners

Headstart On Record by The Straits Times

Headstart On Record

0 Listeners

Money Talks by CNA

Money Talks

1 Listeners

BT Correspondents by The Business Times

BT Correspondents

0 Listeners