Another group of rich a** hole people tanking a company. Then turn around a cry that's it's unfair that Amazon and millennials destroyed it. I would say failures of capitalism.pic.twitter.com/wPF52euv4F
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Venture capitalist. They are also killing Sears and killed the Sports Authority. They get rich killing iconic brands.
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Thank you. This goes to show how much theft is legal in the US.
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American greed. Shareholders are greedy. It's plain & simple. 2008 was a great example of that. Shareholders loved the deregulated banking industry.....they would have sold air if they could & it all crashed down. Now...Komrade Trump is deregulating again - why? Greed.
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Mittens Romney wins again while everyone else loses.
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The #1 thing wrong with capitalism. Stockholders best interest short term... Ain't all it's cracked up to be.
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It's amazing how BK courts sign off on such egregious fees.... $370mm, what a joke.
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Solus or Soulless??
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a victim of private equity
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And who was running these hedge funds in 2005? Oh right, NOT MILLENNIALS
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Solus was greedy but ToysRUs was swimming with sharks.
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Agreeing to having your claims subordinated is a substantial risk that requires a high level of confidence in future success. What about Toys R Us would lead a rational investor to conclude a restructuring would succeed? The article does not mention this.
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Walmart & Costco can jump for joy to fill 10 rows of more toys with 1 less competitor “just like that”.
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I can't say I shopped there much, but if I needed a shower gift, it was nice to have that option. Like Target's failure in Canada took away Zellers and now we have less choice.
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... I don't have a Costco membership and I don't shop Walmart on principle.
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