Yea and don't ask how much the restructuring teams take home to drop a chapter 11 to a 7 so the PE completely wipes their hands of the dirty work after extracting value which she didn't even break down because it's technically illegal I believe so it's not part of the official playbook.
On the other hand all of those deals she talked about have been publicly in play since at least 2017, giving employees time to leave, and most of these retail chains have no business existing anyway.
I mean... Gymboree?
This womans tweets, while I don't disagree, it acts like there is an alternative to the PE chapter 11 scam but the alternative is just leaving all the equity and mismanaged assets in the hands of the even older money original investors and nepotist execs playing musical chairs.
She compares Albertsons and Kroger's like it's apples to apples but Albertsons was a shytty brand getting extorted by the mob before Cerberus got to them.