Uploaded October 2025 | Updated September 2026, 2 weeks ago
In 2007, Transcontinental faced bankruptcy, leaving investors with minimal returns. Trustee Sunit Kapila managed to recover $35 million by 2013, but only $14 million was available for distribution. Investors recovered just 4 cents on the dollar. #bankruptcy #investing #finance #business #truecrime
In 2007, Transcontinental faced bankruptcy, leaving investors with minimal returns. Trustee Sunit Kapila managed to recover $35 million by 2013, but only $14 million was available for distribution. Investors recovered just 4 cents on the dollar. #bankruptcy #investing #finance #business #truecrime
