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| The Real Reason Toys "R" Us Is Going Under | |
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| Tweet Topic Started: Mar 25 2018, 11:41 PM (86 Views) | |
| _g R_ | Mar 25 2018, 11:41 PM Post #1 |
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https://www.youtube.com/watch?v=0r1wzBMkkVk |
| The real leftists are the silenced majority, the sleeping giant. | |
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| Drudge X | Mar 26 2018, 12:41 AM Post #2 |
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This guy is a fuc**** stupid leftist douche bag. He has no clue why the company went bankrupt but regurgitate what someone wrote and pretend to know what the hell he is talking about by inserting comments that were common knowledge to anyone who reads the financial paper. Amazon, Wal-Mart, and Target are the biggest factors. The company didn't go down because the people who bought the company and took it private took some money out. It's called risk and reward you dumb ass. |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| _g R_ | Mar 26 2018, 03:57 AM Post #3 |
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It's been more than 12 years since a group of private equity firms loaded up Toys "R" Us Inc. with debt to take it private. The retailer's balance sheet would never recover, and while that may not have been obvious then, the writing was always on the wall. https://www.bloomberg.com/news/articles/2018-03-09/toys-r-us-downfall-is-ominous-reminder-about-debt-laden-deals Edited by _g R_, Mar 26 2018, 03:58 AM.
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| The real leftists are the silenced majority, the sleeping giant. | |
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| PATruth | Mar 26 2018, 09:25 AM Post #4 |
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"The overarching problem was costs -- and importantly, interest expense on borrowings. By 2007, just before the financial crisis hit, the retailer's interest expense spiked to 97 percent of its operating profit." Loading up on debt before you take a company public is just plain stupid. They deserve to go bankrupt. Too bad they aren't a government run enterprise, the government would just give them billions of dollars like they do every government run organization. Failure in the private sector has ramifications, in the government it's the standard business model. Edited by PATruth, Mar 26 2018, 09:25 AM.
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"No. No he won't. We'll stop it." | |
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10:23 AM Jul 11