Batista's OGX Slides Into Bankruptcy - Presented by: The Aol. On Network

Eike Batista used to fill the headlines as Brazil's richest man but now the papers are splashed with his troubles - the former billionaire is now involved in the largest corporate bankruptcy filing Latin America has ever seen. His energy company OGX, saddled with $5.1 billion in debt, officially filed for bankruptcy protection on Wednesday. Some creditors include U.S. investment funds PIMCO and Black Rock.



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