Worst personal bankruptcy ever — the yearslong hell that happens when a billionaire says he's worth $3,850

Tech Insider : Business, Sports
A man looks over Central Park from a skyrise
Mile Guo on the balcony of his New York apartment facing Central Park in 2017.

TIMOTHY A. CLARY/AFP via Getty Images

Eddie Bauer's retail operator files for Chapter 11 bankruptcy, seeks buyer to save stores

Tech Insider : Business
Eddie Bauer storefront.
Eddie Bauer is one of the oldest brands in American outdoor apparel.

Ben Gabbe/Getty Images for Eddie Bauer

Eddie Bauer through the years, from outdoor apparel icon to bankruptcy watch

Tech Insider : Economy, Business, Style
Eddie Bauer store.
Eddie Bauer was founded in 1920.

Scott Olson/Getty Images

Eddie Bauer's greatest achievement didn't hang in a closet. It sat in the driveway.

Tech Insider : Business
Ford Explorer circa August 4th, 2000
The Eddie Bauer edition of the Ford Explorer was all the rage in the 1990s

Reuters

Not enough student-loan borrowers know about this way to get rid of their debt

Tech Insider : Economy, Business
College graduation
More student-loan borrowers are discharging their debt through bankruptcy.

Rattankun Thongbun/Getty Images

Eddie Bauer's almost 200 North American stores are at risk of closure as its operator nears bankruptcy

Tech Insider : Business, Travel
An Eddie Bauer store.
Eddie Bauer stores in the US and Canada may soon face closure.

Scott Olson/Getty Images

The founder of First Brands, whose bankruptcy rattled Wall Street, charged in multibillion-dollar fraud

Tech Insider : Business
A woman crosses Wall Street
A woman crosses Wall Street

Momo Takahashi/BI

Saks is closing dozens of Off 5th and Last Call locations. Here's the full list.

Tech Insider : Business
saks off 5th
As part of its restructuring, Saks will close the majority its outlet stores.

effrey Greenberg/Education Images/Universal Images Group via Getty Images

See the 50,000-square-foot Gilded Age mansion at the center of a billion-dollar bankruptcy

Tech Insider : Business, Sports, Style
This photo shows the brick and carved-limestone front exterior and the grounds of the 1907 Crocker-McMillin mansion in Mahwah, New Jersey.
The 1907 Crocker-McMillin mansion -- modeled after a Jacobean-Age English estate -- in all its slate-shingled and carved-limestone glory.

Evan Joseph/Business Insider

Young TikTokers are reframing bankruptcy as a financial hack. Experts say it's far more complicated.

Tech Insider : Economy, Business

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