Carvana’s Tale of Debt and Losses Looks a Lot Like Old Hertz

(Bloomberg) — Shares of Carvana Co. extra than doubled in the thirty day period major up to Thursday’s terrible fourth-quarter earnings report. Most Read through from Bloomberg By the time…

China’s Bad Debt Managers See Profits Tank on Property Losses

(Bloomberg)—China Huarong Asset Management Co. and China Cinda Asset Administration Co., the nation’s two premier point out-owned distressed credit card debt funds, described a slump in first-50 {d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} profits as…