Legendary short seller Jim Chanos is closing his hedge funds. Here are 4 of his most famous bets over the years.

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Jim Chanos

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We should all have the confidence of WeWork's bankruptcy announcement

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WeWork sign and Stuart Smalley
WeWork, like Stuart Smalley, believes it's good enough, smart enough, and doggone it people like it.

Sean Gallup / Getty / NBC Universal

WeWork's bankruptcy is the beginning of a broader collapse in zombie companies, Wall Street veteran says

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wework building facade
There are hundreds of zombie companies that risk facing the same fate as WeWork, according to one investment research firm manager.

Reuters / Kate Munsch

Read the email the CEO of WeWork sent to US-based members as the company filed for bankruptcy

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The WeWork logo is displayed outside of an office space rental location in Santa Monica, California on March 20, 2023.
The WeWork logo is displayed outside of an office space rental location in Santa Monica, California on March 20, 2023.

Patrick T. Fallon/AFP/Getty Images

WeWork files for bankruptcy in latest sign of commercial real estate reckoning

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WeWork filed for bankruptcy.
WeWork filed for bankruptcy.

Justin Sullivan

Defaults of high-yield corporate bonds are accelerating and could bring a $46 billion wave of distressed debt in 2024, Bank of America says

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Trader NYSE
Defaults could accelerate 1.5x next year, resulting in a $46 billion pile of distressed high-yield corporate debt, Bank of America warned.

REUTERS/Brendan McDermid

WeWork commanded a $47 billion valuation at its peak. It's crashed over 99% since then - and could now file for bankruptcy, reports say

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WeWork
WeWork's stock price has plummeted over 99% since it made its stock-market debut in March 2021.

Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images

The startup extinction wave is rising and it's beginning to wash over the cloud industry

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andy jassy aws
Andy Jassy at AWS Summit San Francisco 2015

Matt Weinberger

Powerful senators fire off letter decrying 'abusive' tactics in Corizon bankruptcy

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Sen. Dick Durban and Sen. Elizabeth Warren address a town hall event.
Senators Dick Durbin and Elizabeth Warren sent a letter raising "serious questions" about the bankruptcy of prison health provider Corizon.

Nancy Lane/MediaNews Group/Boston Herald via Getty Images

FTX is considering 3 bids to restart the crypto exchange, report says

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Sam Bankman-Fried
Sam Bankman-Fried.

TIMOTHY A. CLARY/AFP via Getty Images

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