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Silent Type

(10,585 posts)

1. Many companies -- Toys-R-Us is a good example -- were bankrupt when they turned to their last option, PE.

Reply to justaprogressive (Original post)

Sun Jun 22, 2025, 02:23 PM

Jun 22

Toys-R-Us's debt was downgraded to junk.

They had no place else to turn and had two options: 1) Fire everyone and shut down immediately; or 2) turn to a loan shark and try to salvage what the could. They chose latter and actually survived for several more years.

Not PE fan, but that's the facts for some companies PE acquired.

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Highlight:

I missed this: Wall Street Gets A Trump Tax Break To Fire Workers [View all] justaprogressive Jun 22 OP

Many companies -- Toys-R-Us is a good example -- were bankrupt when they turned to their last option, PE. Silent Type Jun 22 #1

Sometimes I think the real war is right here... ananda Jun 22 #2

Bipartisan? spanone Jun 22 #3