4 Tips about Bankruptcy

Companies do not go bankrupt the way they used to, and countries are not declared in default. We talk about restructuring instead. We are prolonging...
Once a company emerges from bankruptcy, holders of the company's debt usually don't get paid off in cash (the company usually doesn't have much cash),...
With enough insider information and a million dollars, you can go broke in a year.
Bankruptcies and restructurings sometimes offer substantial investment opportunities. It's usually a mistake to buy common stock of a company that's...