πŸ‘Ž Private equity bosses took $200m out of Toys R Us and crashed the company, lifetime employees got $0 in severance

Liked Private equity bosses took $200m out of Toys R Us and crashed the company, lifetime employees got $0 in severance (Boing Boing)
Private equity's favorite shell game is to take over profitable businesses, sell off their assets, con banks into loaning them hundreds of millions of dollars, cash out in the form of bonuses and dividends, then let the businesses fail and default on their debts.

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