Auto-parts maker First Brands Group, the company behind products like Autolite spark plugs and Fram oil filters, declared bankruptcy last month. Court filings have revealed a trove of irregularities and a $2 billion dollar hole. WSJ’s Alexander Gladstone says the bankruptcy is having an impact on the company’s lenders and on Wall Street. Ryan Knutson hosts.
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Yesterday
The Inside Story of Europe’s Breakup With the U.S.
President Trump’s tariffs, threats against Greenland, and other “America-first” demands have turned away the U.S.’s longtime allies. Now, Western leaders are considering how to decouple from American influence and move forward without the decades-long partnership. WSJ’s Joe Parki ... Show More
28m 50s
Sep 2025
Troubling signs in corporate debt
First Brands Group, a roll-up of car parts manufacturers, is preparing a bankruptcy filing after amassing as much as $10bn in debt. And last week, Tricolor, a subprime auto loan lender, ran into trouble. Today on the show, Rob Armstrong and Katie Martin ask if we are at a turning ... Show More
23m 26s
Oct 2022
Dham Scam: Boom, Bankruptcy, Billions Bamboozled
<p>Amtek Auto, once one of India’s biggest car component makers, is accused of a Rs 12,000 crore money laundering scam. Arvind Dham’s company which went bankrupt in 2017, has been accused of cheating, fraud and siphoning bank loans. With an investigation ongoing and the case reac ... Show More
29m 9s