Tuesday, November 4, 2014

Analysis Of An Alternative Finance Bankruptcy - Why Did Albemarle & Bond Go Under?

While doing research for my next article about Broke, USA, Gary Rivlin’s book on the alternative finance industry, I found an answer to a question that has always bothered me: Why did Albemarle & Bond (ABMLF), the British pawnbroker that was 30% owned by American alternative finance company EZCorp (EZPW), go bankrupt earlier this year?

The Consensus View

At first, it seems absurd to still be asking this question. (Read More)

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