On Background: Who Buys Distressed Assets?

<p>Andy Mitchell could be called a "doctor for business." His firm, Lantern Asset Management, buys up businesses in immediate need of cash and willing to sell at bargain-basement prices. Michael Lewis calls up Mitchell to get the "distressed asset" angle on the company at the center of Lewis's next book: the now extremely distressed crypto exchange, FTX. But along the way, we hear about other businesses on the skids, including the maker of Twinkies, and the Weinstein Company.</p> <p>Head to atrpodcast.com and submit a question for Michael to answer in an upcoming episode.</p> <p>Take...