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Fed Poised to Set Portfolio Reduction Plan in Motion. Markets Braced for Fed’s Unwinding of Easy Money. Uber Faces Widespread Asia Bribery Allegations Amid U.S. Criminal Probe.
Matt Levine’s Money Stuff: Retail Bankruptcy and Insider Trading
published Sep 20, 2017, 8:17:26 AM, by Matt Levine (Bloomberg View) — Toys ‘R’ Us. One thing to say about Toys “R” Us Inc.’s bankruptcy filing yesterday is that Toys “R” Us’s business is basically fine. It had $460 million of GAAP operating income last year, up from the year