Toys 'R' Us Owners to Create Severance Fund for Former Employees

[laserhaas]

Source: WSJ

Link to tweet

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The private-equity owners of Toys “R” Us Inc. are putting together a $20 million fund to make payments to thousands of former employees left jobless by the retailer’s liquidation, according to people familiar with the matter.

The fund’s creation by Bain Capital and KKR & Co. is an unusual move by private-equity owners of a bankrupt company.

Read more: https://www.wsj.com/articles/toys-r-us-owners-to-create-severance-fund-for-former-employees-1538170602?redirect=amp#click=https://t.co/uee4T24IGI

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Cause & effect?

[Wellstone ruled]

1. Must be a attempt to

keep the Toys R Us brand from any Liens or damage suits. Bloomberg ran a piece about KKR reviving the name only as a on line retailer much like Amazon.

[laserhaas]

2. Much more to it - thank you think.

Surprises are coming.

Have you ever heard of cops shaking trees, to see what falls out?

Just sayin - trees are being shaken.

[Wellstone ruled]

3. If you are referring to that

POS from Utah,fully understand. Heard he has all his five draft dodders working in the family Ponzi business.

[laserhaas]

4. I'm rattling his cage. Knocked on his door, a day back.

And sent him a Tweet when he didn't answer.

I'm the guy who nixes his magic underwear.

Just sayin.....

[Wellstone ruled]

5. You nasty Boy,

Understand he is one of the Pro Kavanah promoters. His case would fall under a pending Supreme Court case. The same one Hatch wrote a 44 page amicus brief.

Damn lovin it. Met the sucker only twice and that was two times to many. What condescending piece of shit. Toss up who is worse,Hatch or the Car Elevator Guy.

[laserhaas]

6. Hatch is old news

Mitt the Pits is on his way to 2020

A never ending POTUS wannabe

[Wellstone ruled]

9. Yes he is,

that is what we were told a couple weeks back when visiting Utang.

[laserhaas]

7. See my new post on Kavanaugh video

Link to tweet

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[Wellstone ruled]

10. That was hard to watch.

Talk about a troubled person. Know he did his best to impress Dingle Balls Trump,but his dual Personalities are very present.

The Boy has Mental Issues going.

[marble falls]

8. Bain taking care of the laid off as human kindness? Nope. Mitt's going to run again.

[Brother Buzz]

11. That, or he's in the home stretch of a senate race...

and that 20 million dollars affords him some good optics going forward

[marble falls]

12. The optics don't matter in Utah. But they would in a run for the White House.

[laserhaas]

13. Mitt is com8ng for 2020 - and I'm going to be his dare

He is the center of an ebol universe of bad faith dealings.

Helped stopped him 3 times before.

Will help stop him again.

[marble falls]

16. And I'll help, too.

[laserhaas]

17. Everyone is already declaring Romney's run

https://thehill.com/homenews/campaign/409071-bannon-predicts-three-way-race-in-2020

[laserhaas]

14. Things are getting real weird.

I'm going to file a notice with the courts.

Link to tweet

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[laserhaas]

15. By the way, $20 million divided by 33,000 employees

Is less than $700 per.