Here’s How Bain Capital Destroyed Toys R Us PT2
This is part 2, read part 1 (here.)
In eToys, KB, Fingerhut or Mattel/ Learning cases (that were all beginning between 1999 through 2001), Goldman Sachs and Bain Capital were assured no federal investigation or prosecution by (secretly) having “undisclosed” relationships (conflicts of interests) with lawyers on both sides of the fence; and their – Ace in the hole – Colm Connolly.
At that time, the crooks, simultaneously owned the Minnesota Assistant U.S. Attorney, James Lackner. James brother, Marty Lackner was a partner in the Tom Petters Ponzi.
Unfortunately, just like Robert Alber, Marty Lackner woke up dead – in his closet! Laser sued Trump to block Jay Clayton, to be head of the SEC; but the Clerk of D.C. Federal District Court refused to put the case into the docket record.
Jay Clayton was partners of Sullivan and Cromwell; which was duplicitous in the eToys v Goldman Sachs case.
Clayton’s wife, Gretchen, was a 20 years partner with Goldman Sachs, in the very division of Goldman Sachs that ripped off eToys.
On top of all that, Jay Clayton was invested in Bain Capital.
As a matter of fact, Laser learned of the fact that MNAT destroyed eToys Books and Records, from Jeremy Bates of Sullivan and Cromwell (see NY Supreme Court docket evidence on the destruction of books and records here).
Upon Laser informing the Delaware Department of Justice about MNAT’s Obstruction/ Destruction of Evidence crimes – Jeremy Bates was nowhere to be found – at Sullivan and Cromwell.
Now we have Toys R Us who had near a $700 million dollar bid to save the company by Los Angeles toy mogul Isaac Larian.The offer by Larian was to buy hundreds of stores slated for closure, but it was rejected according to the law firms in the Toys R Us case; because it was – purportedly – “well below the value of the assets Larian was proposing to purchase,”.
As all this abundant evidence of organized crimes now shows, it is all – bull shit!
Compounding these facts there are five former Toys R Us executives, including former CEO David Brandon, sharing $8.2 million in retention bonuses.
The bonuses were approved only a week before Toys R Us declared bankruptcy.
According to the New York Post, the story of Toys R Us is one saddled with debt.
“This is the story of a company, one of the most iconic in America, that was saddled with so much debt that it could not succeed,” Democratic Senator Cory Booker of New Jersey said, according to The Washington Post. “And now the big guys are walking away, and the workers are left with nothing.”
Summing it all up….
Former USAG, John Ashcroft, tried to forewarn us all about bankruptcy judges being in collusion with high ranking members of the United States Trustee program.
Congressman Andy Biggs is asking the right questions of the United States Trustee program, concerning the U.S. Trustees willful blindness to conflict of interest issues.
Back in Delaware, a visiting Justice was duped by the United States Trustee program; and Judge Judith Fitzgerald accused the U.S. Trustee program of aiding and abetting million dollar frauds.
Outrageously, when Justice Fitzgerald asked the U.S. Trustee to explain themselves, the spokesperson for the U.S. Trustee program informed the court that he didn’t have to answer Judge Fitzgerald’s questions.
The big thing is, Congressman Biggs, and his colleagues, appear to have – no idea – how much collusion & corruption there really is, in our bankruptcy system.
Senator Bernie Sanders also is right in asking questions about the severance package for Toys R Us’ 33,000+ employees.
It appears that nobody informed Toys R Us employees of their rights that they are entitled to 60-days prior notice, under the WARN Act, of the exact date they are going to be laid off, permanently.
Toys R Us was doomed from the outset, once Mitt Romney’s Bain Capital entity, snaked its hands into its doors, by schemes and artifices to defraud so that Bain Capital could wind up owning Toys R Us.
Whistleblower Laser Haas pointed out to this reporter, the fact that, Bain Capital is subject to be – legally subordinate and to even be expunged – as a Toys R Us creditor.‘
"If you have obtained enrichment by doing fraud, then your claim as a creditor is supposed to be void!,” whistleblower Laser Haas said.
Haas States he has a plan to save Toys R Us and eToys; but that he needs to be in a legitimate just world where the court recognizes evidence; which we don’t currently appear to be in with all this rampant fraud.
Trump is helping Wall Street rip off America. Jay Clayton seeks to eviscerate SEC whistleblower protection, and now one of the Judges in the Federal Appeals Court, who ruled the CFPB was unconstitutional is Trump’s nominee for SCOTUS.
Which CNBC reports, the Supreme Court could cripple the Obama-era watchdog, if agency critic Brett Kavanaugh is confirmed.
Outgoing director of the CFPB Mick Mulvaney wanted the end of the CFPB, and it looks like he is getting his wish. Trump’s new nominee for the very organization Kavanaugh wants to destroy the CFPB, is Kathy Kraninger, an official at the Office of Management and Budget, who has admitted she has no background in financial regulation or consumer protection, The Intercept reported.
This is what happens when Goldman Sachs and Bain Capital personnel are able to get away with racketeering; because they can steal billions and do $50 million dollar Deferred Prosecution Agreements to any federal prosecutor. Which is merely a cost of doing ‘bizness'”There are more than 100 crimes of perjury, obstruction, grand larceny, schemes to fix fees, bankruptcy fraud, retaliation, intimidation of victim, witness tampering, mail and wire fraud and dynamics of mayhem and homicides; which all are forms of RICO, racketeering. If USAG couldn’t stop the federal judge collusion and corruption with high ranking U.S. trustees that is aiding Mitt’s gang and others who can Toys R Us workers and evictions turn to?
Wall St Exposure Series:
1. [Does Wall Street Bully or Bribe Prosecutors? Revolving Doors At The DOJ]
2. [How Goldman Sachs And Bain Capital Defrauded Mattel Investors And Got Off Scot-Free]
3. [DOJ Gifts Romney’s Bain Unlimited Get Out Of Jail Free Cards]
4. [WHISTLEBLOWER: DOJ Wall Street – Get Rich Quick – Revolving Door$]
5. [Meet Mitt Romney’s Frank Nitti: Paul Traub]
6. [Will Bankruptcy Venue BILL Bankrupt Delaware?]
7. [WHISTLEBLOWER: Trump Nominates Racketeer for Federal Bench]
8. [WHISTLEBLOWER: Trump Nominates Racketeer for Federal Bench PT2]
9. [Protecting Bad Faith Nominees FBI Threatens Whistleblower]
10. [Trump’s Administration Obstructs Justice in Goldman Sachs Cases]
11. [Senators Fight Wall Street Corruption With Kid Gloves]
12. [Shady MNAT Firm Gets Two Judicial Nominations]
13. [PART 1: Retroactive Racketeering — Romney Kills Toys R Us]
14. [PART 2: Retroactive Racketeering — Romney Kills Toys R Us]
16. [Why is Trump’s Administration Obstructing Justice vs. Goldman Sachs & Romney’s Bain Cap?]
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