First Brands Bankruptcy: A New Enron?

Wall Street rocked by alleged fraud at First Brands Group! Investment bank Jefferies claims it was defrauded in the $10 billion bankruptcy, sending shockwaves through the financial world. Is this a one-off scandal or the next Enron? Short seller Jim Chanos warns of hidden risks as regulators and other big banks scramble to assess the damage. Find out if your investments are at risk!The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.