Interesting read – though my main takeaway is that even when you’re billions of dollars in debt, you can still come out with your vast fortune because your estate is not touched by litigation. So they declared bankruptcy and still kept their millions in assets
surewhynotlem@lemmy.world 1 week ago
Only tangentially related, but I like this story
scottsdalemint.com/…/the-hunt-brothers-how-two-bi…
Tl;Dr two brothers tried to corner the silver market. Almost made it. Until they didn’t.
tetris11@feddit.uk 1 week ago
Interesting read – though my main takeaway is that even when you’re billions of dollars in debt, you can still come out with your vast fortune because your estate is not touched by litigation. So they declared bankruptcy and still kept their millions in assets