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Posts Tagged: “zombie companies“
April 27, 2018
・Key Gold Headlines
Is a Zombie (Company) Apocalypse Upon Us?
Rising interest rates could unleash a zombie company apocalypse – if the Fed lets it happen. Corporate bankruptcy levels in the US hit seven-year highs last month. New Chapter 11 bankruptcies surged 63% year-over-year in March. All-told 770 companies filed for Chapter 11 protection last month. That is the highest level since April 2011.
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