A trend that I’m seeing which wasn’t very apparent before:

CEOs and board members are stealing profits from companies all throughout the USA to the point of bankruptcy. Two examples

Remember Red Lobster? The restaurant chain used to own its restaurants until a VC from Chicago came in and bought the franchise. Then, they sold all the real estate to a friend of theirs and started rent payments on the franchises. The rent was so elevated that the company has now gone bankrupt. Not only the VCs got the payment from the sale but also the rent and soon another payment from liquidation

Another example that is underway, I know of this entertainment venue that has a 🐭 as mascot. They were just up in sales a staggering 25% yoy but somehow they are losing money? How? Because of cost of production… what many don’t realize is that a friend of the VCs owns the distributor that supplies them with the food. Again, if something costs $1 they charge the venue $10 bucks

This company is soon to close many locations and corp layoffs incoming

Theft is America is happening all throughout social strata. I have never seen something like this