#Execs of bankrupt Chinese conglomerate arrested in crackdown
“#Execs of bankrupt Chinese conglomerate arrested in crackdown” Chinese police have arrested the top two executives and co-founders of HNA Group, a bankrupt conglomerate that crumbled earlier this year after racking up nearly $90 billion in debt, the company announced Friday. The arrests come amid a broader crackdown by Chinese authorities targeting debt-laden companies that…