3 ms·
Parmalat invented 15 billion euros, between 1990 and 2003, having an annual revenue of 5 billion. Everything started breaking down only when they defaulted on a
by ArnoVW 6y ago
Parmalat invented 15 billion euros, between 1990 and 2003, having an annual revenue of 5 billion. Everything started breaking down only when they defaulted on a 150 million dollar bond, despite reporting 4 billion in liquid assets assets.
https://www.econcrises.org/2016/11/29/parmalat/ https://www.econcrises.org/2016/11/29/parmalat/