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Alexander Gladstone
WSJ reporter who investigated First Brands Group and described the company's opaque finances, alleged irregularities, and the fallout from its bankruptcy in this episode.
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Oct 27, 2025
• 18min
Missing Billions and a Secretive CEO: The First Brands Bankruptcy
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Alexander Gladstone, a WSJ reporter who investigated First Brands Group, dives into the shocking bankruptcy of the auto-parts maker. He reveals how forensic accountants uncovered hidden debts exceeding $12 billion and discusses the complex financing strategies that led to this financial mess. Gladstone connects external pressures like tariffs to the company's decline and addresses Jefferies' controversial role in the situation. The conversation raises crucial questions about due diligence in business relationships and the broader implications for the financial system.
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