Article 39DZ5 Guillotine watch: The executives who bankrupted Toys R Us this year want $16M-$32M in bonuses for their performance

Guillotine watch: The executives who bankrupted Toys R Us this year want $16M-$32M in bonuses for their performance

by
Cory Doctorow
from on (#39DZ5)

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Toys R Us was taken over in a debt-loading act of financial engineering in 2005; over the years, despite turning a profit, the service on that debt dragged Toys R Us lower and lower until the management team picked by the financial engineers finally bankrupted the company. (more")

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