LogFAQs > #898335446

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Topic	Toys 'R' Us blames bankruptcy on millennials not having kids
Cal12 03/23/18 7:09:35 AM #31:	gunplagirl posted... The irony is that it's actually the board of directors and heir mismanagement, selling to private groups after going bankrupt and then those groups basically profiting as they sold assets that were necessary to keep them floating. Basically "how to turn several hundred million in debt into nearly a billion in debt but make the CEOs a sweet hundred million". This. It should be against the law what that group did to Toys R Us. <cite>Cal12 posted [p:898335446] in Toys 'R' U... [t:76436728]...</cite> <quote><cite>gunplagirl posted...</cite> <quote>The irony is that it's actually the board of directors and heir mismanagement, selling to private groups after going bankrupt and then those groups basically profiting as they sold assets that were necessary to keep them floating. Basically "how to turn several hundred million in debt into nearly a billion in debt but make the CEOs a sweet hundred million".</quote> This. It should be against the law what that group did to Toys R Us.</quote> ... Copied to Clipboard!
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