United States | News & Politics

1893 readers

537 users here now

Welcome to [email protected], where you can share and converse about the different things happening all over/about the United States.

If you’re interested in participating, please subscribe.

Rules

Be respectful and civil. No racism/bigotry/hateful speech.

Post anything related to the United States.

founded 2 years ago

MODERATORS

[email protected]

1007

Fred Mobster (lemmy.world)

submitted 5 months ago by [email protected] to c/[email protected]

64 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 52 points 5 months ago (2 children)

Isn't this exactly what happened to Toys R Us as well? Bought up by a hedge fund, saddled with millions of dollars of debt to funnel its value to the hedge fund, then bankrupted and sold off for a pittance, laundering all the profit and wiping the debt away like it was never there. All while putting tons of people out of work.

[–] [email protected] 8 points 5 months ago (1 children)

Aka rise of the planet of the apes

[–] [email protected] 4 points 5 months ago (1 children)

I, for one, welcome our new Dr Zaus overlords.

[–] [email protected] 3 points 5 months ago* (last edited 5 months ago)

I love you, Dr Zaius!

[–] [email protected] 6 points 5 months ago

Same thing happened (according to the original founders that sold the company) to Mervyn’s in the west coast.