Big firms are filing for bankruptcy left and right — and it's just the beginning
Think back to a faraway time when Vice Media was a darling of the journalism landscape. It sported a hefty $6 billion valuation, had a high-profile documentary series on HBO, and web traffic soared largely thanks to a certain polarizing president who'd just taken office. The year was 2017.filed for bankruptcyIt's far from alone.
A look at the other recent bankruptcies from recent days shows a consistent theme: exorbitant liabilities, mostly in the form of debt.
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