Joann’s, Party City, Big Lots—profitable, but all headed for bankruptcy. Private Equity loads them with toxic debt, walks away rich.
Trump promises to close loophole—will America be robbed again? 🚨🇺🇸 WALL STREET IS COLLAPSING COMPANIES FOR PROFIT—AGAIN Joann’s, Party City, Big Lots—profitable stores, but all going bankrupt. Why? Because Private Equity loaded them with debt they knew they couldn’t survive. They call it “back floating rate debt”—adjustable-rate loans… pic.twitter.com/atsndgOeHk — Mario Nawfal (@MarioNawfal) March 17, …