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The challenge I have is that I'm not really sure what "value" is right now; if you give the Bain Cap guys another couple hundred million / billions in compensat
by milesskorpen 7y ago
The challenge I have is that I'm not really sure what "value" is right now; if you give the Bain Cap guys another couple hundred million / billions in compensation, it's not like they're going to go out and invest it in incredibly high returning things that really drive our economy forward.
It'll just sit there, along with the other huge pools of capital that can't seem to find great investment opportunities.
I think (?) that Toys-R-Us provides more value to the _country_, if nothing else in terms of employment for a few thousand people, than a few $b sitting in a bank somewhere.
If we were really effective at putting that $b to work, that might be the better option. Infrastructure somewhere might be worth more than TRU to society.