• 0 Posts
  • 17 Comments
Joined 9 months ago
Cake day: September 24th, 2023
  • swallowyourmind@lemmy.worldtoNews@lemmy.world•Red Lobster files for bankruptcy, restaurants will stay openEnglish
    121·
    2 months ago

    Hedge fund gobbled for raping capital.

    Forced sale by Darden by activist (hedge) investors.

    New hedge fund owned RL company immediately sells all its property (land & buildings) to separate property company owned by hedge funds.

    Big dividends for hedge funds! Billions sucked out of company into shareholder pockets.

    New RL then leases all properties, incurring higher costs (now paying rent!)

    Pandemic.

    5 year leases all up! Property company raises rent!

    RL can’t afford higher rent on all locations, no longer has capital to borrow against (all sold 5 years ago), and goes bankrupt.

    MBAs are destroying the world.

  • swallowyourmind@lemmy.worldtoAsklemmy@lemmy.ml•Does anyone else notice an uptick of extreme troll accounts?English
    21·
    3 months ago

    I find at least one commenter with a new account on almost every post with more than 5 comments.

    They tend to be negative.

    Think I’m going to start welcoming them to Lemmy, note their activity to date, and ask them nicely what might have brought them to join. (If they are real, glad to have them, but I have found most Lemmy members came here from Reddit, not to make accounts to post in News or Politics or such places trolls would like.)

    Until Lemmy updates to identify new accounts ala Voyager, I think that would be helpful to inform other users they may be talking to a troll.

    There are approximately 433k accounts but only 48k Monthly Active Users.

    It’s hard to believe that many of posts and comments are often the newest accounts, and though they will change tactics to using older accounts, at least it’s more work for them.

    I recommend others do the same.