Implosion of High-Flying Billionaire Trio Shows Pledging Risks
A danger sign warning of an unstable cliff stands on the cliff edge on the North Norfolk coast in the U.K. (Photographer: Chris Ratcliffe/Bloomberg)

Implosion of High-Flying Billionaire Trio Shows Pledging Risks

(Bloomberg) -- WeWork impresario Adam Neumann, Chinese latte mogul Lu Zhengyao and, now, Markus Braun, the fallen star of German fintech -- all have exposed the perils of one of the biggest money m...
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