‘Diva Of Distressed’ Throws her Funds into Bankruptcy

(New York Post) Lynn Tilton — known on Wall Street as the “Diva of Distressed” — just cried for the help of a bankruptcy judge. The flamboyant financier — who gained notoriety for her racy outfits, as well as her penchant for sending steamy Christmas cards to clients — said Monday that the Zohar Funds she once managed have voluntarily filed for Chapter 11 protection.

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