I’m pretty sure some or all of the Toys R Us employee pension was plundered in the reorg after private equity bought the company out in2018. I remember reading about it thinking it sort of made sense technically but it was pretty egregious on a human level. This post is too true. Similar to the old Stalin gem about how killing one is a tragedy but a million is a statistic. If you’re gonna do something bad do it BIG.
I’m pretty sure some or all of the Toys R Us employee pension was plundered in the reorg after private equity bought the company out in2018. I remember reading about it thinking it sort of made sense technically but it was pretty egregious on a human level. This post is too true. Similar to the old Stalin gem about how killing one is a tragedy but a million is a statistic. If you’re gonna do something bad do it BIG.