M6 (Bohan)

https://list25.com/25-biggest-corporate-scandals-ever/3/

Global Crossing Ltd. could not fight off its debts of $12.4 billion in 2002 and filed for bankruptcy. The debt was shared  by 4 CEO’s that each acquired $23 million in personal loans that ended up being forgiven. This company’s filing for bankruptcy is the 7th largest in American history. The bankruptcy resulted in many losing their jobs.

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