Here's Details on Bain Cap., Ripping Off Toys & R Us

[laserhaas]

Link to tweet

.
These facts, detailed below, and in many underground and main stream articles, are known, by me - personally; because I was the Delaware Federal Court appointed top executive of eToys.com, in 2001.

It is also a fact (testified to under penalty of perjury) that Goldman Sachs & Bain Capital have been partners, for 20 years; which began, at the barest of minimums, when MNAT law firm (working for Sachs, Bain and Mattel) merged - " The Learning Company" - with Mattel.

Apparently, of probable cooked books fraud, Mattel had instant catastrophic lost $4 billion.

No main stream.media outlet has been brave enough to report the fact it was Romney/ Bain and Goldman Sachs involved in The Learning Company dealings.

At that time, in Delaware (where Mattel was merged with Learning) then, Colm Connolly, as Assistant United States Attorney, switched sides, becoming a partner of the MNAT law firm (see Colm's DOJ resume, https://www.justice.gov/archive/olp/colmconnollyresume.htm )

Resultant of this gamesmanship (betraying of the public's trust), there was no investigation or prosecution of the Learning Company/ Mattel public company frauds.

Colm remained a partner of MNAT, from 1999, until August 2001; which is when Colm "revolved door" (switched sides - again) back to the United States Attorney's office (see Colm's resume https://www.justice.gov/archive/olp/colmconnollyresume.htm )

Mr. Connolly has never, to this very day, disclosed the fact that he was a partner of the MNAT law firm.

Also around that time, Goldman Sachs took eToys public, where the stock price went to $85 per share; but Goldman Sachs only permitted eToys to receive less than $20.

NY Times article, in March 2013, reveals some glaring details.

Link to tweet

.
Meanwhile, in 2001, Goldman Sachs/ Bain Capital law firm of MNAT, falsified documents, concealing from me and the court, the fact MNAT was commiting perjury, to be both my attorney and eToys bankruptcy counsel, in order for MNAT to help Goldman Sachs & Bain Capital schemes & artifice to defraud, succeed.

It was the plan of MNAT, as eToys counsel, colluding with Paul Traub (eToys case Creditors counsel) to sell eToys bankruptcy assets, as cheap as possible, to Romney's Bain Capital entity of Kay Bee (with Michael Glazer as CEO of Kay Bee).

During the same period of time, Romney owned Stage Stores; which is in bankruptcy, prior to eToys case.

Michael Glazer was a Director for Stage Stores and Barry Gold was the Stage Stores Director's assistant.

Paul Traub's law firm was hired for Stage Stores, by Barry.

Then Barry Gold, Paul Traub, Michael Glazer and MNAT move over to eToys, lying under oath, by malfeasance & malfeasance, pretending to be - arm's length - from each other.

When my efforts drove the bid prices, to Bain/ Glazer/ Kay Bee, up into the 10s of millions, the bad faith parties offered me a million dollars, to be a partner of Mitt.

But I turned it down and reported it; which is when Colm Connolly left MNAT, to return to the Delaware Dept. If Justice, where Colm became THE United States Attorney.

After that rigging of Sachs & Romney owning a federal prosecutor, the ante was upped in many ways.

Colm continued to bury the cases from federal prosecution; and Mitt became Governor of Massachusetts.

My turning down and reporting the million dollar bribery, in eToys, combined with Romney's elevated political status, caused the price of bribery to escalate in the Kay Bee Case.

Michael Glazer paid himself $18 Million and Bain Capital $83 Million, prior to Glazer filing bankruptcy of Kay Bee.

You can see some of the details in Rolling Stone cover story, by Matt Taibbi, titled "Greed and Debt"

Link to tweet

.Taibbi fails to note, in his "Greed and Debt" article, of the facts that Glazer was both CEO of Kay Bee and Director at Stage Stores.

As a matter of fact, Glazer us now CEO of Stage.

Though I gave Taibbi permission to leave my name out of his Romney story, he and Rolling Stone were supposed to discuss the eToys case.

IMO the fact that Taibbi left out facts apropos, he cost himself a Pulitzer.

Including the facts that MNAT was representing Bain if the $83 Million (fraudulent conveyance) and Paul Traub was in the Kay Bee Case as Creditors counsel - illegally.

Traub was required - by law - to disclose the fact he worked for Romney, Glazer, Barry Gold, at Stage Stores.

By law, Traub was supposed to be disqualied and referred for prosecution to the Delaware United States Attorney's office.

Which, by the way, was Colm F.rigging Connolly.

At that same time, of Colm Connolly protecting many cases from prosecution, Paul Traub was "control" partner of Tom Petters Ponzi; and Traub also was partners of Marc Dreier.

Dreier is doing 20 years in prison and Petters is doing 50.

Traub is not even investigated or indicted.

Compounding the crimes, because I was getting tens of millions of dollars in bids (despite the fact that Debtor counsel MNAT and Creditors counsel Paul Traub were trying to sabatoge me) MNAT and Traub illegally locked me out of eToys; and they replaced me with Barry Gold (who also is Traub's law firm employee and partners with Traub)

Then Barry and MNAT nominate Trraub to sue Goldman Sachs in NY Supreme Court (which means Goldman Sachs was, in essence, suing, Goldman Sachs).

Traub settled the billiin dollar eToys v Sachs case, as Marc Dreier (while Dreier was in prison) for a mere $7.5 Million.

And, Taibbi also missed the fact, in Kay Bee, that Traub asked to be the one to prosecute Glazer and Bain for their $18 million and $83 million fraud.

When I filed a paper about this, in the Kay Bee Case, Colm Connolly's Dept of Justice had my evidence - stricken and expunged.

Years later, I found proof that Colm Connolly was a partner of MNAT; and I filed a paper, on December 7, 2007, with the Public Corruption Task Force. https://docslide.us/documents/clocked-18-usc-3057-a.html

Several weeks later, GW Bush guy - Shut Down the Public Corruption Task Force; and that corrupt US Attorney (Tom O'Brien), actually threatened to destroy career federal prosecutors, unless they kept silent on the real reasons why.

Link to tweet

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There after, Kay Bee and eToys were in bankruptcy, multiple times; but still wound up back at Bain under Toys R Us; which us now in bankruptcy.

Traub was also involved in Zainy Brainy / FAO Schwartz; which wound up in Bain Capital.

Toys R Us was killed - illegally - but no one will investigate or prosecute; because the cui bono is for Goldman Sachs and Bain Capital; which - Donald the Great - is protecting.

Trump's DOJ will never touch Romney or Sachs..

..unless we Force him to do so.

Link to tweet

This is the link to the article, out today.
https://steemit.com/news/@an0nkn0wledge/here-s-how-bain-capital-destroyed-toys-r-us

If you can tolerate computer generated voice programs, this is the article in audio format

http://ec2-52-72-169-104.compute-1.amazonaws.com/an0nkn0wledge__here-s-how-bain-capital-destroyed-toys-r-us.mp3

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[underpants]

1. Great post

[laserhaas]

2. Be really great if Bain got nailed - finalky

[Kurt V.]

3. rec

the' revolving door' goes on and on and on

[laserhaas]

6. My hopes is that Blankfein is revolving out

And the new guy has sensecenough to settle

[True Blue American]

4. Bain Did The Same Thing

To DELPHI. His whole fortune was made by destroying companies.

https://www.dailykos.com/stories/2012/11/1/1152017/-Romney-s-Delphi-scandal-involves-his-non-disclosed-2009-taxes-Bain-Capital

[laserhaas]

5. Exactly!

But Fed agents are involved in protecting Sachs & Mitt

[PatSeg]

7. K&R

[Racerdog1]

8. RomneyPOS

Always has been, always will be.

[laserhaas]

23. We are too kind with our moniker for MitTwit

Just sayin...

[bucolic_frolic]

9. Oligarch Recycling: Driving companies into bankruptcy is a whole industry now

Debt-BK-going public - rinse and repeat, and strip out the equity and pile on the debt at each turn.
Shareholders lose everything. Start again.
It's toys for the Big Boys.

[Sherman A1]

10. Yes, it has been for a long time

Really since the 1980s when the buyouts and mergers became the way to scam the working class in favor of the wealthy.

[laserhaas]

12. Mitt started Bain Capital, in the 80s

With Death Squad monies

[laserhaas]

11. Spot On!

It only takes 33,000 being laid off, at once, for somebody to care.


.

[LakeSuperiorView]

17. I was in an unemployment benefit class last week

with a pregnant woman who was laid off from Toys R Us.

[laserhaas]

19. Employees in such cases, are required to get a 60 day

WARN Act notice of their exact lay off date.

[oasis]

13. Wake up America

[laserhaas]

14. If only....

I've been trying, for a decade.....

[oasis]

38. Keep trying. We can pull out of it if we don't give up.

[laserhaas]

43. They kidnapped my daughter and killed my fellow

Shareholder.....and offered multiple bribes.

I'm never quitting

[bucolic_frolic]

20. There must be a list of corporate bankruptcies over the last 35 years

To name a few ...
Navistar, mid 1980s
Kmart about 2001
https://en.wikipedia.org/wiki/Phar-Mor
https://www.cnbc.com/2017/09/23/here-are-the-retailers-that-filed-for-bankruptcy-protection-in-2017.html
Old Country Buffet too ...

At each stage, workers can take a hit. Lose their jobs, lose whatever pension equity they own particularly if in company stock, or if they own company stock outright. What employee doesn't believe or want to believe in their company?

[laserhaas]

24. Ha Ha...most are unaware that Paul Traub killed

The shareholders of Kmart.

US Trustee assigned Traub as counsel for equities committee in the Kmart case.

It was a kiss of shareholders death

[oasis]

32. Republican robber barons seize every opportunity to fleece ordinary

citizens. These opportunities usually occur under GOP administrations.

[laserhaas]

36. Spot On! - That's what happened under GWB

So much warmongering - that they slipped the mortgage crisis right pass U.S.

[oasis]

39. Bush/Phil Gramm's Enron pals screwed millions before that happened.

Dirty dogs.

[laserhaas]

40. Paul Traub was involved in Enron and Adelphia too.

As if Traub had to be record holder of how many cases of fraud handled by same guy

[oasis]

41. Sadly, this stuff isn't "sexy" enough to be given adequate MSM exposure. nt

[laserhaas]

42. You have Sachs & Bain & Mitt involved; but that isn't sexy

enough...

Lawyers confess deliberately lying under oath

Not sexy enough...

Corrupt federal prosecutors - documented

Not sexy enough

Toys R Us taken down

Not sexy enough

People dead - including brother of Asst US Attorney

Not sexy enough

[laserhaas]

44. Wiki blocks anybody who posts about our cases.

Yet Romney can hire trolls to erase solid facts from Wikipedia

[laserhaas]

27. It is actually illegal - under SarOx and Dodd Frank

For executives to keep putting entities into bankruptcy

[dlk]

15. Vulture Capitalism-Romney Has His Sights on the US Treasury Next

I remember how Romney & Bain gutted Armco Steel in Kansas City. Vulture capitalists always have their sights on the next bigger, better prize. Of course Romney would love to be in the White House. All of those vast U.S. assets to plunder. Privatization is just one big money grab, as we see with the privatized prison system. No matter the human cost, it’s always all about the money for Republicans and vulture capitalists.

[laserhaas]

18. That's been my point, for a decade plus. If you can steal

With impunity; then the goal becomes,

Steal bigger & faster, from as many as you can.

Romney is tied to Petters, Stanford, Dreier, Rothstein, Lancelot, Palm Beach Links Capital frauds.

But would be exponentially worse, if Mitt was in the WH

[Puzzler]

16. K&R

-Puzzler

[laserhaas]

25. Thanks

What do you mean "Puzzler"?

[Puzzler]

31. That's my DU name ...

if you check my profile you’ll see it reflects my actual job.

I didn’t mean to imply any doubt or anything else regarding the post.

Signing my name is just an idiosyncrasy of mine ... it has been since I joined DU, in 2005


-Puzzler

(AKA: Martin Ashwood-Smith)

[laserhaas]

35. I'm sorry...sleepy

Overlooked it

[Puzzler]

37. I know that feeling!

[laserhaas]

30. Sorry...I haven't been to bed - yet

Totally slipped past me, that your DU moniker is 'Puzzler'

Sorry

[Puzzler]

34. No problem!

[laserhaas]

21. Romney defrauded Mattel for $4 Billiin

And his contingency got a reported 12 million shares if Mattel stock.

Being a top insider of Mattel gave Bain Capital undue power & influence to cause you companies to go bankrupt.

So that Bain could buy them cheaply.

[elmac]

22. Capitalism has no empathy, just like tRump nt

[laserhaas]

26. Concur! - They have no moral compass

Just an incessant need Tobin - at all costs

[laserhaas]

28. Also insane that the parties who put Toys R Us into BK

can ask for millions in bonuses - with a straight face.

[Afromania]

29. So in essence Bain is responsible for destroying the entire toy store ecosystem in this country?

good read, thanks

[laserhaas]

33. Exactly! - Once Mitt's gang ripped off Mattel for $4 billion

Getting 12 million shares of Mattel stock put Bain Capital into inner circle of Mattel execs. (That and the fact Thomas Lee Partners controlled Mattel and Thomas Lee was partners with Romney / Bain in the Learning Company debacle).

Then they make Kay Bee, eToys, FAO etc - bankrupt

In the cases of akay Bee and eToys, they were put into bankruptcy, multiple times

In a rinse - lather - repeat....fashion (racketeering pattern)

Always winding back at Bain - this time at Toys R Us.

Brilliant scheme

Illegal

But brilliant

[laserhaas]

45. Link to article on Sen Warren Bankruptcy Venue BILL

Senators can't get involved in other states cases; but they know the bankruptcy system is being abused.

This is the proverbial - shot across the bow...

https://steemit.com/news/@an0nkn0wledge/will-bankruptcy-venue-bill-bankrupt-delaware

[laserhaas]

46. This is the details on Romney's version of Frank Nitti (Paul Traub)

Traub pretends to be Bain Capital's opponent; but Romney always gets the sweet deal, when Traub's involved.



https://steemit.com/news/@an0nkn0wledge/meet-mitt-romney-s-frank-nitti-paul-traub

[laserhaas]

47. This is link to details of corrupt US Attorney Colm Connolly

Trump has nominated corrupt United States Attorney, Colm Connolly, to be a Delaware District Court Federal judge

https://steemkr.com/news/@an0nkn0wledge/whistleblower-trump-nominates-racketeer-for-federal-bench

[laserhaas]

48. Link to article about question of Trump Obstructing Justice protect Romney & Sachs

Why is Trump’s Administration Obstructing Justice vs. Goldman Sachs & Romney’s Bain Cap?

https://steemkr.com/news/@an0nkn0wledge/why-is-trump-s-administration-obstructing-justice-vs-goldman-sachs-and-romney-s-bain-cap

[laserhaas]

49. Trump nominated 2 MNAT partners to fill 2 out of only 4 judgeships

In Delaware.

And Delaware already has MNAT partner Walter K Stapleton on 3rd Cit (with Trump's sister)

https://steemkr.com/news/@an0nkn0wledge/shady-mnat-firm-gets-two-judicial-nominations

[laserhaas]

50. Romney couldn't have stolen toy bankruptcies without help by

Corrupt federal prosecutor, Colm Connolly

And dirty deeds by MNAT law firm in partnership with Paul Traub; and Traub was also "control" partner of Tom Petters Ponzi - while also being partners Marc Dreier fraudster.

Dreier us doing 20 years and Petters 50 years in prison.

https://steemitimages.com/0x0/

[AncientGeezer]

51. You lost...several times..stop.

You had no legitimate claim.
Your Daily Kos posts replies made this very clear to you...you chose not to accept your loss or the advice from the legal experts there and continued to lose....got kicked out of courts...

You lost..if you continue this deal you will continue to lose...that's a fact laser.

[laserhaas]

52. Don't you just love newbie accounts attacking victims

This is why Sachs & Mitt can rip off so much. Not only do we victims have to battle evil masterminds; but we also have to fight people who say

They screwed you - take the punk - and STFU

Good think is, I have a turn off switch for such haters.

I'm never giving up - or surrendering.

DailyKos throwing me out because Adam B insulted me a dozen times and I fought back - is a testimony to Kos's shame.