WeWork Inc. — known for free-flowing booze and a fleeting $47 billion valuation — declared bankruptcy just two years after going public. This cautionary tale of over-indebtedness highlights the perils for investors who fall in love with businesses they don’t really understand, says Bloomberg News senior reporter Reshmi Basu. And it’s a warning for lenders to astronomically-valued start-ups as borrowers struggle with soaring debt payments, Basu tells Bloomberg senior editor James Crombie. Also in this episode of Credit Edge, Bloomberg Intelligence analyst Cecilia Chan analyzes US efforts to keep advanced chips out of China — and the fallout for Asia’s technology sector. In addition, Chan discusses how Macau’s casino comeback is boosting gaming companies.

<p>WeWork Inc. — known for free-flowing booze and a fleeting $47 billion valuation — declared bankruptcy just two years after going public. This cautionary tale of over-indebtedness highlights the perils for investors who fall in love with businesses they don’t really understand, says Bloomberg News senior reporter Reshmi Basu. And it’s a warning for lenders to astronomically-valued start-ups as borrowers struggle with soaring debt payments, Basu tells Bloomberg senior editor James Crombie. Also in this episode of Credit Edge, Bloomberg Intelligence analyst Cecilia Chan analyzes US efforts to keep advanced chips out of China — and the fallout for Asia’s technology sector. In addition, Chan discusses how Macau’s casino comeback is boosting gaming companies.</p>

The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.

<p>The Credit Edge reviews the top credit news of the week and looks at the week ahead, with in-depth research of the most important corporate sectors, trends and themes. Analysis of specific corporate bonds and credit default swaps is backed by Bloomberg Intelligence's robust data sets and indexes.</p>

The Credit Edge by Bloomberg Intelligence

WeWork Bust Shows Hazards of Love; China Chips War

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