Despite no new record, the Bloomberg Bankruptcy Index remains muted, mirroring 2007’s small failures before major collapses.
As of now, there hasn’t been a record number of bankruptcies among companies with assets above $50 million. The Bloomberg Bankruptcy Index, which considers both the size and number of bankruptcies, remains relatively low. This suggests that while smaller companies, particularly in the mortgage and real estate sectors, may be struggling, larger financial institutions have …
