Both once great companies were scavenged and ultimately destroyed by private equity firm, Bain Capital.
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And there were many stupid decisions indeed. How did agreeing to let Bain and the other two "buy yourself" sound like a good idea? Just another great example of the out of control corporate greed in this country. All of Toys R Us top executives both old and current have walked away with millions is incentives and compensation on the backs of the 30k dedicated employees that just got screwed as a thank you. Sickining.
I don't think he is associated with Bain anymore. There is a better post here that outlines the stupid decisions by management over the past few years.
Thank you Mitt Romney.