How private equity affects American communities

Toys R Us was purchased for something like $6 billion and $5.2% billion of that was loans and only Toys R Us itself was responsible for paying that debt back. And Toys R Us had always been a very fiscally conservative company. They did not have a lot of debt ever.Now all of a sudden they were just buried under interest payments and their private equity owners were not helping them repay that money. And so the reason Toys R Us went out of business was not Amazon. It was the fact that they didn't have any mon ...