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Jefferies Claims George Weiss Guaranteed $100 Million Debt

Summary by Bloomberg
As his hedge fund empire teetered on insolvency, George Weiss allegedly agreed to personally backstop debt to keep lender Jefferies Financial Group at bay. Now, Jefferies claims Weiss and his bankrupt companies owe more than $100 million.

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Jefferies Claims George Weiss Guaranteed $100 Million Debt

As his hedge fund empire teetered on insolvency, George Weiss allegedly agreed to personally backstop debt to keep lender Jefferies Financial Group at bay. Now, Jefferies claims Weiss and his bankrupt companies owe more than $100 million.

·United States
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Bloomberg broke the news in United States on Friday, May 31, 2024.
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