Here is a blatant example of what is cited in the article on Post #1.
‘How can they walk away with millions and leave workers with zero?’: Toys R Us workers say they deserve severance
Quote:
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Much of Toys R Us’s troubles, employees say, date to a 2005 leveraged buyout in which its new owners — private-equity firms Kohlberg Kravis Roberts and Bain Capital, and real estate firm Vornado Realty Trust — loaded the company with more than $5 billion in debt. The company filed for bankruptcy last year, citing $7.9 billion in debt against $6.6 billion in assets, and announced in March that it would close all 800 of its U.S. stores.
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And yet,
Quote:
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Last year, Toys R Us awarded executives $8 million in bonuses a week before filing for bankruptcy. A few months later, the company got approval from a bankruptcy judge to pay up to $21 million in additional bonuses to executives if they met certain performance goals. (That money was never awarded because the company’s performance fell short.) Chief executive Dave Brandon received $11.25 million in compensation last year.
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Millions in bonuses to ensure that there is nothing left over for severance.
https://www.washingtonpost.com/news/...=.320659b2baea
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White Christian Nationalism:
Freedom for us, order for everyone else, and violence for those who transgress.
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