Bankruptcies continuing to spike … 75 filings in past 3 months among companies with at least $50M in liabilities … worst since 2009 & 2nd-worst quarter ever

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The Pandemic Could Become a Debt Crisis, Too

Concerns about the financial repercussions of the coronavirus crisis have largely faded since the first few hectic weeks. That’s a problem, because authorities should be doing much more to prepare for what could be a destabilizing wave of losses.

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