Bed Bath & Beyond Shares Plunge 35%

The transcript discusses Bed Bath & Beyond's financial struggles, including a default notice from JP Morgan and demands for immediate loan repayment. It highlights the challenges faced by the retail sector, particularly companies with large footprints and outdated strategies. The discussion also covers the broader market environment, emphasizing the end of the easy money era and the impact on companies with credit agreements. The conversation touches on the concept of 'zombie companies' and the tightening financial conditions affecting businesses.

What broader issues are highlighted regarding companies in credit agreements?

What does the term 'zombie companies' refer to in the context of this discussion?