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Marathon CEO Expects Bankruptcy Surge, Favors Hotels Over Retail
Автор: Bloomberg Television
Загружено: 2020-06-09
Просмотров: 47019
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Jun.09 -- Marathon Asset Management Chairman and Chief Executive Officer Bruce Richards talks with Bloomberg's Vonnie Quinn. Richards expects bankruptcies and ratings downgrades to continue at a rapid pace as the fallout from the pandemic continues. He sees post-Covid bankruptcies increasing fourfold to total debt outstanding of $400 billion, from about $100 billion now.
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