WWL-TV: Bayou Steel owed more than $20.8 million before declaring bankruptcy

October 02, 2019

image file

Peter Ricchiuti, William B. Burkenroad Jr. Professor of Practice in Equity Research and senior professor of practice in finance, was interviewed for a WWL-TV story about Bayou Steel Group's sudden closing and its potential impact on the state's economy.

You always get a ripple effect. Maybe you owned a doughnut shop and say, 'I wasn't in the steel business.' But it was the steel folks eating the donuts."

To read the article in its entirety, visit wwltv.com:

https://www.wwltv.com/article/money/bayou-steel-group-owed-millions/