Elizabeth Warren: “Toys R Us had to declare bankruptcy despite the destruction…”

“It ran the company downhill and made nearly half a billion dollars in the process. As for Toys R Us, now, it was burdened by all of this debt. And we know how that story ends. Toys R Us had to declare bankruptcy despite the destruction they caused. Executives whined and cried that Amazon was to blame. But Brandon Ballou, in his book Plunder, points out some context here that can't be overlooked.” (02:55–03:02)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.