Senator Warren Calls on Companies to Contribute to Toys ‘R’ Us Worker Fund
(Bloomberg) -- Senator Elizabeth Warren calls for six companies to contribute to new hardship fund for Toys "R" Us workers.
- Warren says it’s “inexcusable” for investors in defunct toyseller to withhold contributions.
- Urges other firms that were involved with company to contribute to new $20m fund created by KKR and Bain Capital; says former workers owed a total of $75m in severance.
- Massachusetts senator is considered a likely 2020 presidential candidate; she’s also a former professor at Harvard Law who taught bankruptcy
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