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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Oct 7
Why Chinese Fentanyl Factories Are Making Peptides Now
The world’s biggest chemical industry is in China. For years, Chinese factories have also been a major producer of ingredients used to make fentanyl, the synthetic opioid that has contributed to thousands of deaths in the U.S. After a recent crackdown in China, WSJ’s Patricia Kow ... Show More
17m 41s
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