Orange Felon Can't Tell Me What to Do

Words of Advice:

DONALD TRUMP IS A CONVICTED FELON. CASE CLOSED.

"America, where we restrict access to vaccines and healthcare, but you can have all the guns you want." -- Stonekettle

"If Something Seems To Be Too Good To Be True, It's Best To Shoot It, Just In Case." -- Fiona Glenanne

“Speed is a poor substitute for accuracy.” -- Real, no-shit, fortune from a fortune cookie

"Thou Shalt Get Sidetracked by Bullshit, Every Goddamned Time." -- The Ghoul

"If you believe that you are talking to G-d, you can justify anything.” — my Dad

If something sounds good in your head, don't let it come out of your mouth.

"Colt .45s; putting bad guys in the ground since 1873." -- Unknown

"Tear Gas Tastes Like Fascism." -- Unknown

"Eck!" -- George the Cat

Karma may sometimes be late to arrive.
But it never loses an address.

Wednesday, September 20, 2017

Guess Whose Greasy Fingers Are On the Toys Я Us Bankruptcy?

Bain Capital. It seems that those fuckers were involved in a leveraged buyout of Toys Я Us that loaded the company up with debt.

Bloomberg News thinks that Bain is going to lose a ton of money on this. Right, in a pig's eye.

4 comments:

Marc said...

I'm still waiting for iheartradio to slide into bankruptcy - it has similar problems of being loaded up with debt, and about a year ago was struggling to satisfy the market, after being downgraded.

Comrade Misfit said...

Was Bain involved with them?

CenterPuke88 said...

Indeed they were. In 2008, Bain Capital and Thomas H. Lee Partners took Clear Channel (now IHeartRadio) through a $20 billion ride. Interest payments are expected to sink the company by early next year.

dinthebeast said...

Wow, I never thought I'd like Bain for anything, but if they sink Clear Channel, they did a good thing.

They still suck, but CC was the worst.

-Doug in Oakland