Independent thinking for complex markets and current events
The pioneer of the low-cost model officially grounded its last jet at 3:00 AM today. The $500M White House lifeline was pulled, creditors refused a final deal. Thousands of passengers are stranded at gates from Las Vegas to Detroit this morning. Aviation experts say Spirit is the first major corporate casualty, the war fuel spike. …
https://twitter.com/SilvioVassalli/status/1976274291399541058 Oops! 👇🏼 https://t.co/jvblybqt9n pic.twitter.com/1i3dLKnzQB — Kalani o Māui (@MauiBoyMacro) October 9, 2025 “The Debtors estimate that they have between $10 billion and $50 billion in liabilities.” — Chapter 11 Voluntary Petition, Southern District of Texas Bankruptcy Court https://restructuring.ra.kroll.com/firstbrands/Home-Index “While the official filing lists liabilities between $10 billion and $50 billion, several creditors now fear …
Tricolor Auto Holdings just blew up, and the fallout is spreading fast. What was once a quiet giant in subprime car lending has collapsed into Chapter 7 bankruptcy. Cars are gone, loans are unpaid, and billions in debt are floating in the system with nowhere to land. But the real danger isn’t the bankruptcy itself, …
The biggest fraud of "BTC per share" is that shareholders are very last in line to have a claim on MSTR's BTC The pecking order goes: 1. Secured Creditors (first in line)2. Administrative Expenses (second)3. Unsecured Creditors (third)4. Common Shareholders (last in line) — Pledditor (@Pledditor) May 19, 2025 They told you that buying shares …
Mawson Infrastructure Group, a company known for its role in building data centers for Bitcoin miners and artificial intelligence, is under attack from creditors. With its cash reserves falling below $6 million, creditors in Australia, including W Capital Advisors and Marshall Investments, have filed a Chapter 11 petition in Delaware. The creditors claim the mining …
https://www.youtube.com/watch?v=LN9KaSQMQvA The United States is grappling with an unprecedented financial crisis, with up to 50 million Americans defaulting on their debts. This has triggered significant disruption in the nation’s credit system, causing widespread economic instability. Lenders are scrambling to contain the fallout, while consumers are overwhelmed by growing debt. Although the American economy has weathered …
The United States is facing an unprecedented financial crisis. As many as 50 million Americans have stopped paying their creditors, causing a massive disruption in the country’s credit system. This development has sent shockwaves throughout the economy, with lenders trying to minimize the damage while consumers struggle to manage their increasing debts. The American economy …
⚠️CHINESE PROPERTY GIANT EVERGRANDE BANKRUPT – NY COURT — Don Johnson (@DonMiami3) August 17, 2023 WOW!CHINA’S SECOND LARGEST PROPERTY DEVELOPER #EVERGRANDE HAS JUST FILED FOR BANKRUPTCY Chapter 15 bankruptcy protection (NY) pic.twitter.com/2x9mPowevW — jeroen blokland (@jsblokland) August 17, 2023 👀 pic.twitter.com/M2Ge4Cxn36 — Genevieve Roch-Decter, CFA (@GRDecter) August 17, 2023