Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Honeycombe8

(37,648 posts)
23. That seals it, then. You don't understand what happened with Toys R Us.
Thu Jan 3, 2019, 11:53 AM
Jan 2019

It had crippling debt. When Bain bought it, it DECREASED the debt by using Bain's real estate holdings. Bain continued to hold it for 13 years, trying to get it out of debt, to no avail.

What happened in the interim is that the retail world changed drastically. From brick and mortar toys-only stores with normal prices to brick and mortar big box discount stores like WalMart and Target, along with huge online sales from Amazon and specialty toy sites.

There are many wacko conspiracy theories, like the Holocaust didn't happen, and we never went to the moon. All those theories have "sources" and "facts," none of which are in legitimate investigative sources.

Yes, I know a bit about venture capitalism. And there are many sources on the internet explaining what happened to Toys R Us, as I stated above, and add to that poor management.

If you invest in the stock market, you know that Amazon killed many brick and mortar retail businesses...like Toys R Us. Add bad management in the form of taking on enormous, unprecedented debt that even bankrtupcy couldn't take off the books...and you have the demise of a business.

Recommendations

0 members have recommended this reply (displayed in chronological order):

Corruption runs deep with redumbliCONS, members of Congress, private equity and democratisphere Jan 2019 #1
They get away with it because they own main media laserhaas Jan 2019 #11
Agreed. The gross enabling is unbelievable! democratisphere Jan 2019 #15
Inexplicable and intolerable laserhaas Jan 2019 #16
I sued Romney, Bain, Sachs and Colm Connolly for racketeering laserhaas Jan 2019 #18
Post #7,777 PatSeg Jan 2019 #2
This is not 1/10th of the major dynamics. If you think it is laserhaas Jan 2019 #12
The privatized prison system, watoos Jan 2019 #3
Exactly! - The paradigm of no oligarch or WS exec doing time laserhaas Jan 2019 #10
Re-posted in the DU, year after year Tarc Jan 2019 #4
WOW - Its okay with you that this goes on and on laserhaas Jan 2019 #7
A bit of advice. Bain and Goldman elicit absolutely zero sympathy from me. However.... Tommy_Carcetti Jan 2019 #26
You are callous individual taking swipes at me from cheap seats laserhaas Jan 2019 #27
John & Jay Caciero asked me to help do a case /website against Romney laserhaas Jan 2019 #28
Carciero should have avoided stabbing his psychiatrist jberryhill Jan 2019 #43
Post removed Post removed Jan 2019 #30
IT is you who looks silly, taking cheap shots at serious crimes laserhaas Jan 2019 #31
+1. nt Honeycombe8 Jan 2019 #40
By the way, the Poll votes clearly nix your - ppl don't char - theory laserhaas Jan 2019 #17
Is any of this reported in a legitimate news source? Honeycombe8 Jan 2019 #5
You are talking about stuff as you are an expert. But you are not laserhaas Jan 2019 #8
That seals it, then. You don't understand what happened with Toys R Us. Honeycombe8 Jan 2019 #23
You can win an argument with bullshit laserhaas Jan 2019 #24
You can try to win an argument w/bs. But it won't work... Honeycombe8 Jan 2019 #25
This is what you are dealing with.... jberryhill Jan 2019 #29
Post removed Post removed Jan 2019 #32
A link to your own video is not a "cheap shot" jberryhill Jan 2019 #35
Yes it is JerryBill. You always take swipes and defend perpetrators laserhaas Jan 2019 #37
I don't have an emotional attachment to you or to them jberryhill Jan 2019 #38
+1. nt Honeycombe8 Jan 2019 #41
Ahhh. I see what you mean. Honeycombe8 Jan 2019 #39
He was deemed a vexatious litigant in Delaware jberryhill Jan 2019 #42
+1. nt Honeycombe8 Jan 2019 #44
This should be the MSM main focus from now on apart from drumph's crimes / removal etc BSdetect Jan 2019 #6
Concur! - Because open, flagrant and brazen corruption laserhaas Jan 2019 #13
You were the first person I thought about when I heard all the BS being spewed yesterday malaise Jan 2019 #9
It is B.S. - As is the "culture" defense of Goldman Sachs new CEO laserhaas Jan 2019 #14
The Public Corruption Task Force SHUT down after I filed a complaint laserhaas Jan 2019 #19
When the NYT finally dud our etoys story, Bain nixed TRU IPO laserhaas Jan 2019 #20
The WSJ was the 1st to report on our etoys fraud case laserhaas Jan 2019 #21
Biggest reason any reporter stays away - They Lose their Beat laserhaas Jan 2019 #22
If viewers will take notice, the naysayers never argue a point. laserhaas Jan 2019 #33
The problem is there are over 169 articles and several documentaries laserhaas Jan 2019 #34
Article about Romney/ Bain rip off Mattel $4 billion laserhaas Jan 2019 #36
Latest Discussions»General Discussion»My Civil War escalates ag...»Reply #23