Doubledown Media files for bankruptcy

Reuters reports that Doubledown Media LLC, which published Trader Monthly and other glossy magazines aimed at wealthy and aspiring Wall Street bankers and traders, has filed to liquidate under Chapter 7 of the U.S. bankruptcy code. The closely-held company, which also published Cigar Report, Corporate Leader, Dealmaker and Private Air, on Wednesday filed for protection from creditors with the U.S. bankruptcy court in Manhattan.
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