As predicted Toys R Us plans IPO
As we stated a couple of years back - Toys R Us is still being run by the same bad business people who took Kay Bee Toys, eToys and The Parent Company bankrupt.
The cases are still open in DE Bankruptcy Court.
Toys R Us has to go IPO or will file bankruptcy.
Even if they do go a success IPO - they must ultimately go bankrupt because the business model (as they run it) Can NOT work!
Toys "R" Us' IPO: The Good, The Bad and The Ugly | On the News | BNET
Re: As predicted Toys R Us plans IPO
Man you must really hate toys...Who hurt you in the past, Barbie, GI Joe, Teddy Ruxspin?
Re: As predicted Toys R Us plans IPO
Do not hate toys Kitty;
Despise those who would steal from others under the Toys guise.
Bain, was owned and founded by a politico powerhouse.
Because he has Presidential aspirations - every one is too much of a coward to point out his companies criminal exploits.
He committed a crime when we pointed out to the Wall Street Journal (long before the Presidential campaigns in 2008) - that he had hundreds of millions of dollars more in an Off Shore account entitled SanKaty in Bermuda.
To cover himself - because he told the press he was only worth $250 million - he then submitted a custom campaign finance form stating he put most of his money in a "Blind Family Trust" since 2003 and did not really know how much he had.
We - the American People - are stupid enough to let him lie to us for his Presidential run and the FBI did not even squeak when he falsified his campaign finance form.
Now one of his lackies - the former US Attorney (Colm Connolly) who has helped cover up the crimes and investigations is moving into DE with the Law firm Morgan Lewis; because there is a hint of investigations may begin.
Colm Connolly - as everyone can see by his resume - clerked for Senior Justice Walter K Stapleton (who was an MNAT partner) - then Colm Connolly went to MNAT as a partner (in 2001) where at the end of 2001 Colm became the DE US Attorney.
http://www.law.com/jsp/article.jsp?id=1202459051830&src=EMC-Email&et=editorial&bu=Law.com&pt=LAWCOM%20Newswire &cn=NW_20090602&kw=Morgan%20Lewis%20Expands%20With %20Addition%20of%20Delaware%20Office
MNAT committed copious amounts of felony violations and actually confessed to more than 15 false affidavits in the eToys bankruptcy case.
MNAT committed the crimes beginning in 2001 (the year Colm Connolly was there).
The Wilmington DE Dept of Justice not only refused to investigate and prosecute MNAT for its perpetration of $300 million in fraud on the court via Perjury - the DE Dept of Justice US Trustee gave MNAT's partner in crime (Paul Traub) an Illegitimate implied blanket immunity agreement in 2005.
Then Paul Traub's other partners (Marc Dreier and Tom Petters) committed $750 million and $3 billion in fraud - winding up doing 20 years and 50 years in Prison.
Paul Traub was WARNED by the DE Dept of Justice NOT to replace key executives of eToys with anyone connected to the attorneys approved by the Court
So MNAT and Paul Traub drafted a SECRET Hiring Letter for Barry Gold
If you look at the end of the Hiring Letter (way down in the PDF pages) you will see that they furtively placed a clause in there that Barry Gold could chose to Waive the condition in clause(i) - that being the Applying to the Bankruptcy Court for permission to be hired.
MNAT also lied to the Court about who they really represented - MNAT was eToys Debtor's counsel - but they handled the Bain associated merger of The Learning Company with Mattel
If MNAT had disclosed this they would have been disqualified immediately.
Instead they hid the connections to Bain and Mattel and then sold eToys assets to Bain/ Kay Bee Toys for discounts in the tens of Millions of dollars
This is COLLUSION TO DEFRAUD AN ESTATE
Barry Gold was Paul Traub's partner for more than 10 years
Prior to eToys Barry Gold and Paul Traub got caught in another case deceiving the Court and Traub Bonacquist & Fox had to put in a Supplemental Affidavit - showing clearly that Traub and Gold worked with each other long before eToys
We took that proof and a Smoking Gun affidavit to provide proof that Traub and Barry Gold committed Perjury
If you will notice - it was their own vanity that got them caught (at the bottom of the page it says Barry Gold and Paul Traub co-principals).
Michael Glazer was a stockholder/ director at Stage Stores
where Barry Gold worked for the Directors
Michael Glazer was also CEO of Kay Bee Toys
Barry Gold left Stage Stores - received four (4) confessed payments of $30,000 per month from Paul Traub's firm (making him a paid associate of Traub's firm) and then Traub and MNAT secretly placed Barry Gold within eToys as CEO - after being WARNED by the Dept of Justice not to do that very same crime.
(see parts 19 and 35 about being forewarned)
When I blew the Whistle the Dept of Justice and FBI threatened me.
By the Way - the number one shareholder of Stage Stores
Non other than Mitt Romney with 1.2 million shares
To stop me from putting the fraud and perjury proof before the court MNAT forged a document stating that I waived my life savings in fees and expenses and the Court said they believed it to be True - even though MNAT never served me with a document and it states in part 11 thereof that we are entitled to Success Fees
So I have anxiety - not against the Toy industry
Just the ones who stole the industry
Paul Traub was the attorney for eToys, Kay Bee and FAO creditors and handled the sale to Bain/ Kay Bee in all those cases -while never telling the truth that Traub has been working with Romney and his clan since NeoStar bankruptcy.
If they can steal this much and Judges can protect them this much now
How much worse do you think it will get when Mitt Romney becomes our President and controls the Dept of Justice?
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