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The short version of Hertz’s bankruptcy goes something like this: global pandemic obliterates business travel, forcing iconic 102-year-old company to seek court protection from creditors. The long version, however, is a cautionary tale about what can happen when a company places the interests of shareholders ahead of customers.

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The Breakdown showcases rise-and-fall stories from the modern business world, told through the lens of Bloomberg reporting. Episodes look at what contributed to not only the success of a business or organization, but also the turning point at which the fall began. Prior stories covered include the NRA, Hertz, WeWork, Boeing, Kodack and many more. See the full series:
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