cid:
"bafyreiehxkzzjtd55g32svq3nyaptd2xpoec5r3bdj6nfsta5pbkwzqno4"
value:
text:
"Just got a news alert saying Joann Fabrics is going into bankruptcy due to decreasing demand. Article fails to say that it was purchased by a private equity firm a while ago and recently went public and is carrying $2.4 billion in debt. Private equity strikes again."
$type:
"app.bsky.feed.post"
langs:
"en"
createdAt:
"2024-03-18T14:52:57.614Z"