News Snapshot:
Exiled Chinese Media Tycoon Guo Wengui Files for Bankruptcy Guo previously worked with Steve Bannon to found a right-wing media group before the two cut ties. Guo Wengui, a controversial Chinese exile tied to several right-wing figures in the United States, filed for bankruptcy on Wednesday after a judge fined him $134 million for attempting to hide his yacht from creditors. Guo, whose net worth was once around $1.5 billion, alleged in a court filing under the name Ho Wan Kwok that he had no more than $500,000 remaining, against roughly $500 million in liabilities. The financial claim against Guo...
