This is written as if the entire purpose of buying Toy R US is to drive it into the ground. Those buying it, and those providing the loans to buy it, lost a lo

This is written as if the entire purpose of buying Toy R US is to drive it into the ground. Those buying it, and those providing the loans to buy it, lost a lot of money on a bet that they could turn it around. They lost the bet, and so be it. The previous shareholders got paid and were able to move their capital out into something they believed would provide better returns. Sure, a lot of people lost their jobs. On the other side, a failing business that could likely not afford to pay well went out of business, and someone else will come in, buy the property, and need new employees. This isn't as bad as the article makes it out to be. If anything, its good that capitalists tried to turn it around, quickly failed, and now everyone can move onto other things. Slowly fading into oblivion over decades is not a good thing either.