TGI Fridays Files for Chapter 11 Bankruptcy
The company filed for Chapter 11 bankruptcy protection on Saturday but said its restaurants would remain open while it works on a “restructuring process.”
Posted inBankman-Fried, Sam Bankruptcies Campaign Finance Computers and the Internet Decisions and Verdicts Frauds and Swindling HK FTX Trading Ltd (Futures Exchange) Singh, Nishad Start-ups Virtual Currency
Nishad Singh, a Top FTX Executive, Is Given No Prison Time After Cooperation
Mr. Singh, who was a top executive in Sam Bankman-Fried’s business empire, had pleaded guilty to fraud and campaign finance violations that contributed to the collapse of FTX.
Posted inBankman-Fried, Sam Bankman, Joseph Bankruptcies Computers and the Internet Ellison, Caroline (1994- ) Families and Family Life Frauds and Swindling Fried, Barbara (1951- ) Gururaj Singh HK FTX Trading Ltd (Futures Exchange) Parenting Singh, Nishad Virtual Currency Wang, Zixiao (Gary)
How FTX’s Young Executives Shattered Their Parents
As their children are sentenced for fraud, the parents of FTX’s top leaders have described their disbelief at how the crypto exchange upended their lives.
Posted inAutomobiles Bankruptcies Detroit (Mich) Detroit Economic Club Duggan, Mike Entrepreneurship Ford Foundation Gilbert, Dan (1962- ) Michigan Central Station (Detroit, Mich) Urban Areas Wayne State University
Led by Believers in the City’s Future, Detroit Is on the Rebound
Once the largest city in the U.S. to declare bankruptcy, this Midwestern metropolis is now thriving. But some obstacles still remain.