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WeWork Files For Bankruptcy: From $47 Billion To $0
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Innhold levert av Ryan Scribner. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av Ryan Scribner eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
US Corporations are filing for bankruptcies at an alarming rate as the federal reserve is holding strong on higher interest rates. So far in 2023, casualties here include Silicon Valley Bank, Bed Bath & Beyond, Party City and now WeWork. In the initial Chapter 11 filing, WeWork reported total debts of about $18.5 Billion against just $15 Billion in assets - giving them a negative equity value of around $3.5 Billion.
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