How assets are divided in bankruptcy: Yahoo Finance explains

Yahoo Finance Live’s Julie Hyman explains how assets are divided in bankruptcy and why $17 billion of Credit Suisse tier 1 bonds were wiped out in the UBS takeover.

Don't Miss: Valley of Hype: The culture that built Elizabeth Holmes
WATCH HERE:

About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.

Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.

Connect with Yahoo Finance:

#yahoofinance #bankruptcy