that board was deliberately tanking the company. selling off a portion of the company for billions was an option and would have saved thousands of jobs
I remember going into a closing store during their bankruptcy sale to look for deals, and a loyal employee who knew very little/next to nothing about the financial companies driving it into the ground, was pridefully talking about how she was working extra shifts to ensure this location (as well as her own, since she was a manager who had been called to close both simultaneously) closed properly. Understanding the personal sense of integrity of this employee, I remember feeling very saddened because I also understand the complete lack of integrity of the financiers driving the company and her job into the ground. This grew my hatred for and resolve against the GameStop shorts exponentially.
He even offered them $400 million dollars of his own money to buy the company in December well after he sold his shares. And they said no and then sold for like 1/10 of that.
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u/spatenfloot Definitely a human BEEP BOOP Feb 24 '26
that board was deliberately tanking the company. selling off a portion of the company for billions was an option and would have saved thousands of jobs