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Senator Warren Calls on Companies to Contribute to Toys ‘R’ Us Worker Fund
Senator Warren Calls on Funds to Contribute to Toys Worker Fund
21 Nov 2018, 08:58 AM IST
(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
To contact Bloomberg News staff for this story: Rick Green in New York at rgreen18@bloomberg.net
To contact the editor responsible for this story: Rick Green at rgreen18@bloomberg.net
©2018 Bloomberg L.P.
With assistance from Editorial Board
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