2 ms·
> The first theory is interesting: "sometimes, private equity firms really are just looters." Looting implies that the objects didn't belong to you. If I buy a
by namdnay 6y ago
> The first theory is interesting: "sometimes, private equity firms really are just looters."
Looting implies that the objects didn't belong to you. If I buy a cheap crappy old car to sell of the spare parts, is that "looting"
> The high bankruptcy rate is not encouraging.
That doesn't have much to do with private equity, the entire sector is in deep shit. It's not like Toys'R'Us was a model of health...
> And some of Toys R Us' creditors aren't happy either:
That's a more serious question, and will need to be resolved. Keep in mind that if the creditors aren't happy, they won't lend money again to companies owned by those PE firms. So it's not like there are no consequences