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

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

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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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I'm a designer, and Saks was my biggest customer. Now it owes me six figures, and I'm fighting to keep my business viable.

Tech Insider : Business
Fisayo Che
Fisayo Che, the founder of fashion brand Elisamama, counted on Saks for more than half of her business. The company's bankruptcy has left her questioning a yearslong partnership.

Courtesy of Fisayo Che

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