basquebromance
Diamond Member
- Nov 26, 2015
- 109,396
- 27,013
- 2,220
- Banned
- #1
When companies like Toys R’ Us & Sears go down & lay off thousands of workers and steal their promised severance pay, people think it’s “internet kills brick + mortar.”
.
That’s not the full story.
.
CEOs+boards load these co’s w/ debt to enrich themselves, tank them, & leave workers in the cold w/o promised severance.
.
If that’s not bad enough, it looks like Treasury Secretary Steven Mnuchin did exactly this with his old college roommate (literally) - he served went on the Sears board as his roomie served as CEO.
.
Together, they fired a *quarter million people* in a debt scheme that looks awfully self-dealing.
Elizabeth Warren on Twitter
Did Steve Mnuchin Help His College Roommate Steal $2 Billion?
.
That’s not the full story.
.
CEOs+boards load these co’s w/ debt to enrich themselves, tank them, & leave workers in the cold w/o promised severance.
.
If that’s not bad enough, it looks like Treasury Secretary Steven Mnuchin did exactly this with his old college roommate (literally) - he served went on the Sears board as his roomie served as CEO.
.
Together, they fired a *quarter million people* in a debt scheme that looks awfully self-dealing.
Elizabeth Warren on Twitter
Did Steve Mnuchin Help His College Roommate Steal $2 Billion?