Gundlach Bundschu Winery files for bankruptcy, as industry trends hit California’s oldest family-run winery

Sonoma Valley’s Gundlach Bundschu, California’s oldest continuously owned family winery, is poised to soon lose that designation under a bankruptcy restructuring that advanced this week. The winery, which began operating in the late 1850s, is the latest among a string of well-known wine producers in Sonoma and Napa counties to hit the brink of insolvency,…

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10 Gambling Disasters That Wiped Out Millions

Some lost their own fortunes. Others gambled with money that belonged to investors, employers, or one of the biggest names in professional sports. All ten watched a losing bet spiral into fraud charges, federal prison, or nine-figure debt. This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for…