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Silent Type

(10,762 posts)

2. Every time Toyz is used as example of Private Equity, I think Toyz had it debt downgraded where they had 2 options.

Reply to Celerity (Original post)

Sat Jun 14, 2025, 02:17 PM

Jun 14

1) Close immediately and fire everyone because they have no further access to capital; or

2) Turn to PE -- essentially a loan shark -- to try to make things work. Toyz did survive another 5 years of so.

Don't like PE, Loan Sharks, payday loans, etc., but sometimes it's the only option before suicide, homelessness, shutting down and firing everyone, or something.

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Highlight:

"We've Been Sold a Story That Isn't Remotely True": How Private-Equity Billionaires Killed the American Dream [View all] Celerity Jun 14 OP

A bunch of those private equity goons are RUNNING SOCIAL SECURITY. The SSA Commissioner is one of them. CousinIT Jun 14 #1

Every time Toyz is used as example of Private Equity, I think Toyz had it debt downgraded where they had 2 options. Silent Type Jun 14 #2

crapitalism. wall street greed. pansypoo53219 Jun 14 #3