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This Article is From Nov 21, 2018

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

    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

    Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

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