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Joined 1 year ago
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Cake day: August 17th, 2024

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  • The letter writer must’ve been fun at parties. Any sense of humor overridden by a need to look for excuses to be offended - what a pathetically sad individual.

    Dr. Goodall’s reaction demonstrates she deserved the acclaim she received. Good on her for having lived a good life!






  • You mean it isn’t already after this? Someone just posted recently about how Toys-R-Us was destroyed by private equity, and that’s not the first time I’ve heard that by a long shot.

    I don’t understand how all that crap works entirely, but it seems to me that basically CEOs of companies that aren’t doing all that well (& therefore in need of money) will make one last big cash grab for themselves by selling off the company to private equity firms - which gets the CEO and the major shareholders an immediate big payout while leaving everybody else at the company under even more crippling debt.

    The private equity firm will break down and sell off myriad pieces of the company & it’s assets for the most they can get for them, extracting the most financial value from them they can get without a care for the survival of the company itself. Those still employed at the company will be left working under ever more onerous conditions until their job and/or the company no longer exists.

    Private equity firms are basically vultures who look for companies to eat that at the moment of purchase are worth more dead than alive. They make ZERO effort to save the company itself, screwing employees which invested a significant chunk of their lives in the company - all so those rich assholes at the top can get even more absurdly rich.

    EA is likely already dead, my friend - it’s a Dead Company Walking.