The recent collapse of a major auto-parts giant, led by CEO Patrick James, has revealed a staggering $2 billion hole in its finances, raising questions about the company's management and transparency. This situation is significant as it not only impacts the employees and stakeholders involved but also sends shockwaves through the auto industry, highlighting the risks of hidden debts and poor oversight in corporate governance.

The recent collapse of an auto-parts giant, led by CEO Patrick James, has revealed a staggering $2 billion hole in its finances, raising questions about the company's management and transparency. This situation is significant as it highlights the risks associated with hidden debts in large corporations, potentially impacting investors, employees, and the broader auto industry.