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Pbs1914

(147 posts)
Thu Sep 27, 2012, 09:57 AM Sep 2012

Bain Destroyed K&B toys

They acquired them and in about 3 years the 100 year old company was bankrupt and gone.
I think this information should go in an add. In some cases it can probably be more relatable to some who may not have been impacted by a steel mill or plant closing in another city, or the auto industry bailout helping the midwest. A lot of people had fond memories of going to the
mall and seeing K&B toys as youths and even as adults. To me Bankrupting K&B toys is like the equivalent of knocking over someones grandma.

31 replies = new reply since forum marked as read
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Bain Destroyed K&B toys (Original Post) Pbs1914 Sep 2012 OP
Have used this info w/ Rep. mothers to good effect northoftheborder Sep 2012 #1
Isn't it just "KB"? sammytko Sep 2012 #2
My kids used to love running around in K&B. kag Sep 2012 #3
This is detailed in Matt Taibbi's excellent Rolling Stone piece klook Sep 2012 #4
I remember when that happened. tridim Sep 2012 #5
I was wondering what happened to them. Odin2005 Sep 2012 #6
I always wondered what happened to KB Toys supernova Sep 2012 #11
What is your problem with Autism Speaks? tavalon Sep 2012 #20
They are Eugenicists who think I'm "broken" and need to be "cured". Odin2005 Sep 2012 #21
Some people with autism are severely damaged tavalon Sep 2012 #22
But they are rather offensive even to low-functioning autistics. Odin2005 Sep 2012 #29
Bain destroyed Federated Department Stores. yardwork Sep 2012 #7
I'm pretty sure they're behind the destruction of Mervyn's and Best Products as well. Initech Sep 2012 #16
"Bain Capital is a serial killer." That's good! yardwork Sep 2012 #17
I kind of stole that from Stephen Colbert. Initech Sep 2012 #19
Destroyed one of my favorites stores from when I was a child. Jennicut Sep 2012 #8
I so loved that store. Not a sea of the same items, but small numbers of MANY items. HopeHoops Sep 2012 #9
I used to go buy my Nintendo and Atari games from KB Downtown Hound Sep 2012 #10
I did the same thing. They were an awesome clearing house for Atari 2600 games in the mid 80s. Systematic Chaos Sep 2012 #12
I got my Nintendo games there, too. Odin2005 Sep 2012 #13
I remember getting Super Mario Bros. 2 from there Downtown Hound Sep 2012 #15
That was our toy store of preference when my kids were youngsters. lpbk2713 Sep 2012 #14
When I was growing up, they were always the "overpriced" toy store at the mall. cbdo2007 Sep 2012 #18
Factcheck.org... Romney left Bain 2 yrs before they acquired KB Toys True Earthling Sep 2012 #23
Then he is a felon BumRushDaShow Sep 2012 #24
OP only mentioned Bain. Pbs1914 Sep 2012 #25
Lol It was Romney who came up with the formula, and he got the profits. grantcart Sep 2012 #26
You do realize thay Romney is STILL getting deferred compensation from Bain, right? Ikonoklast Sep 2012 #27
This is absolute nonsense. ProSense Sep 2012 #30
I loved KB Toys. :-( nt Raine Sep 2012 #28
They ALWAYS had the best selection of scale metal models from Ertl and Maisto DainBramaged Sep 2012 #31

kag

(4,078 posts)
3. My kids used to love running around in K&B.
Thu Sep 27, 2012, 10:02 AM
Sep 2012

I remember they used to always have a "barking" little mechanical puppy at the front of the store that my daughter couldn't pass by without stopping to play with it.

klook

(12,151 posts)
4. This is detailed in Matt Taibbi's excellent Rolling Stone piece
Thu Sep 27, 2012, 10:02 AM
Sep 2012

in the Sept. 13, 2012 issue. Link here.

I took notice of this, also -- I spent a lot of happy times with my kids in a KB Toy Store in the 1980s. Bain took over a cool, fun company and ran it into the ground and out of business. Bastards.

tridim

(45,358 posts)
5. I remember when that happened.
Thu Sep 27, 2012, 10:06 AM
Sep 2012

It was my favorite store at the mall when I was a kid, and basically overnight it turned into a festering shit-hole. The resulting store actually depressed me enough that I never went back again.

Odin2005

(53,521 posts)
6. I was wondering what happened to them.
Thu Sep 27, 2012, 10:34 AM
Sep 2012

I liked going there to buy stuff for my neice. I refuse to go to Toys-R-Us because they support Autism Speaks.

supernova

(39,345 posts)
11. I always wondered what happened to KB Toys
Thu Sep 27, 2012, 12:35 PM
Sep 2012

I loved shopping there for toys and they always seemed like a great store. Malls are definitely poorer in terms of atmosphere without them.

What a waste of space Bain is.

Odin2005

(53,521 posts)
21. They are Eugenicists who think I'm "broken" and need to be "cured".
Fri Sep 28, 2012, 09:36 AM
Sep 2012

They are allied with hysterical anti-vax nuts in pushing the "autism epidemic" BS.

They attacked Obama for appointing Ari Ne'eman to the Presidential Council on Disabilities because he is a critic of their "Autistic people are damaged goods" rhetoric.

tavalon

(27,985 posts)
22. Some people with autism are severely damaged
Fri Sep 28, 2012, 10:17 AM
Sep 2012

My son for instance, who has the vocabulary of an 18 month old, even though he is seventeen. Yeah, those on the less damaged end of the spectrum, such as yourself completely have a right to say they aren't damaged and having known a number of people with Aspergers and even one interesting woman who has full blown autism, I can concur that there comes a point on the spectrum where the individual's preference in how they see themselves should be paramount.

In my son's case, though, I will continue to work to help him get just a little more out of his autistic world. While I've seen things through his eyes (he loves cameras and has a really unique way of seeing the world) that have amazed me, I don't believe for a second that he doesn't have a severely limited life.

Odin2005

(53,521 posts)
29. But they are rather offensive even to low-functioning autistics.
Sat Sep 29, 2012, 11:59 AM
Sep 2012

Google the Autism Ransom Note ads Autism Speaks put on billboards until the outrage caused them to pull the ads.

yardwork

(61,533 posts)
7. Bain destroyed Federated Department Stores.
Thu Sep 27, 2012, 10:37 AM
Sep 2012

None of the stores I remember from my childhood exist anymore, or they are empty shells of their former selves.

Think of how much Bain has destroyed of our culture. Think of the high quality products that used to be made in America that are no more, or at best cheapened down versions of the originals, now made by slave laborers in China. Think of the thousands of Americans who lost their jobs - and Romney dares to call them lazy!

It makes me very angry.

Initech

(100,029 posts)
16. I'm pretty sure they're behind the destruction of Mervyn's and Best Products as well.
Thu Sep 27, 2012, 12:47 PM
Sep 2012

If corporations are people - Bain Capital is a serial killer.

Jennicut

(25,415 posts)
8. Destroyed one of my favorites stores from when I was a child.
Thu Sep 27, 2012, 10:43 AM
Sep 2012

During the mad 1980's rush to buy Cabbage Patch Kids, got one from a KB store. I still have it and my daughters play with it now. Not to mention all of my Barbies and My Little Ponies came from there. Bain just destroys, they haven't done much good for any of the companies they were involved in.

 

HopeHoops

(47,675 posts)
9. I so loved that store. Not a sea of the same items, but small numbers of MANY items.
Thu Sep 27, 2012, 11:18 AM
Sep 2012

It was always an adventure - especially after my kids were born. That's when the REAL fun began. So yeah, I'm royally pissed at rMoney for that.

Downtown Hound

(12,618 posts)
10. I used to go buy my Nintendo and Atari games from KB
Thu Sep 27, 2012, 12:32 PM
Sep 2012

I'd always make a stop there every time we went ot the mall just to check out the latest selection. I remember when they disappeared. Had no idea Romney was involved, but it makes sense that that creep would destroy something that represents fun and innocence to so many.

Systematic Chaos

(8,601 posts)
12. I did the same thing. They were an awesome clearing house for Atari 2600 games in the mid 80s.
Thu Sep 27, 2012, 12:35 PM
Sep 2012

Just about everything for 5 to 10 bucks, tops.

Odin2005

(53,521 posts)
13. I got my Nintendo games there, too.
Thu Sep 27, 2012, 12:40 PM
Sep 2012

I remember using the birthday money I got for my 9th birthday to buy Final Fantasy 3, there.

Downtown Hound

(12,618 posts)
15. I remember getting Super Mario Bros. 2 from there
Thu Sep 27, 2012, 12:46 PM
Sep 2012

It was crazy popular when it first came out and every other store was sold out of it, even Toys R Us and Sears. KB was the only store to carry it. I remember walking out of that store with game in bag, thinking I had just scored the most valuable treasure ever. LOL.

lpbk2713

(42,736 posts)
14. That was our toy store of preference when my kids were youngsters.
Thu Sep 27, 2012, 12:44 PM
Sep 2012



They had the latest stuff, the best variety and usually the best prices.
There were several other toy stores around but KB was usually the
first stop. Damn shame the vulture capitalists did them in.


cbdo2007

(9,213 posts)
18. When I was growing up, they were always the "overpriced" toy store at the mall.
Thu Sep 27, 2012, 01:49 PM
Sep 2012

Don't know if this is something Bain did or not, but I clearly remember never shopping in KB in the late 80's cause my money would go so much farther at Children's Palace or even Toys R Us, and I was a little kid.

True Earthling

(832 posts)
23. Factcheck.org... Romney left Bain 2 yrs before they acquired KB Toys
Fri Sep 28, 2012, 10:28 AM
Sep 2012


The film claims Romney was involved in the acquisition, management and demise of the now-defunct KB Toys. He wasn’t. Bain bought the toy company nearly two years after Romney left Bain.

http://www.factcheck.org/2012/01/facts-strained-in-king-of-bain/

BumRushDaShow

(128,374 posts)
24. Then he is a felon
Fri Sep 28, 2012, 10:40 AM
Sep 2012

because his claim of leaving Bain in 1999 per the fact check assertion you link to means that he lied on his forms regarding his residency in Massachusetts to qualify to run for Governor. He claimed he attended Bain board meetings through to 2002 and even signed multiple Bain documents post 1999, several of which were were prominently shown on TV the past couple months.

grantcart

(53,061 posts)
26. Lol It was Romney who came up with the formula, and he got the profits.
Sat Sep 29, 2012, 01:16 AM
Sep 2012

He continued to receive special overrides after he left, one of the reasons that he won't show his taxes and that he has $ 100 million in an IRA.

Ikonoklast

(23,973 posts)
27. You do realize thay Romney is STILL getting deferred compensation from Bain, right?
Sat Sep 29, 2012, 01:26 AM
Sep 2012

He never really left.

Never.

ProSense

(116,464 posts)
30. This is absolute nonsense.
Sat Sep 29, 2012, 12:48 PM
Sep 2012

That's from January when the fact checking organizations/media were still covering for Mitt based on his own claim.

It's long before the "retroactively retired" claim and long before all the other information came out, including information that Mitt is earning income from companies acquired well into the 2000s.


DainBramaged

(39,191 posts)
31. They ALWAYS had the best selection of scale metal models from Ertl and Maisto
Sat Sep 29, 2012, 01:23 PM
Sep 2012

now you have to buy them on Ebay


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