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As the final wind-down of U.S. operations for Toys "R" Us continues, it should be crystal clear by now that saving the business and its 33,000+ workers was just not a real priority. If it was, the company and its lenders and ownership would've found some way to make it happen, but we knew as early as the beginning of February that Bain Capital was pushing for a full liquidation - and that's exactly what they got. The private equity industry is a scummy bunch, and when it comes to representation, that's even clear in their own lobbying organization, the American Investment Council, which softened its name over the years from the more ominous "Private Equity Growth Capital Council" and "Private Equity Council" to become the AIC. While these groups have powerful representation, it's the American worker that gets caught in the crossfire during leveraged buyouts and their eventual collapse, and in retail this is a group who is typically under-represented (I do not believe that Unions are the answer, but that's a lengthier story for another time). Retail workers - both hourly and salaried management included - are generally underpaid and lack any long-term benefits. In a situation like what's happened with Toys "R" Us, you have the people who've been doing the real work - the ones out there on the front lines - facing unemployment with no severance as they have to deal with the general public and the sad position of closing up shop. Meanwhile, you have Chairman, CEO and LinkedIn Enthusiast David A. Brandon still kicking around the increasingly ghostly halls of Toys "R" Us HQ in Wayne, NJ, having to ride things out until the very end as part of the terms of the $2.8M retention bonus he took in September of 2017, just days prior to the company filing bankruptcy. Today, a group of Toys "R" Us employees met with Senator Bernie Sanders in Washington D.C., later marching alongside representatives from The Center for Popular Democracy and Rise Up Retail as they took to the AIC in protest of private equity destruction at the hands of Bain Captial, Kohlberg Kravis Roberts and Vornado Realty Trust. Watch the video below...