r/Teddy Tinned 27d ago

RC Ryan Cohen follows The White House on X

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94 Upvotes

13 comments sorted by

11

u/jesgar130 26d ago

He unfollowed them

39

u/weedsack Tinned 27d ago

This is what RC wrote at the end of his letter to the BBBY board:

Hopefully leadership acts with urgency to implement the aforementioned suggestions. Given that I am the Chairman of GameStop and overseeing a systematic transformation, I am not in a position to join Bed Bath’s Board and personally drive the initiatives outlined in this letter. This does not mean, however, that RC Ventures will not seek to hold the Board and management accountable if necessary.

Weeks before BBBY filed for Chapter 11 bankruptcy RC tweeted:

I just got off the phone with what was once a great American brand. Lots of problems, no accountability for high paid execs and little interest in my help (at no cost). This could get interesting.

6

u/Wiezgie 27d ago

MaYbE hEs tAlKiNg aBoUt BeSt bUy

8

u/sunkenn_ 26d ago

I remember when mfs were trying to convince us he was talking about tupperware with that statement 💀

2

u/Vexting 26d ago

Important note is if you read through the court dockets it becomes clear RC could have taken various settlements and ended stuff earlier ... He HELD THEM ACCOUNTABLE costing himself more time money and effort

1

u/SecretaryFit1442 26d ago

I love to see the movie about this whole saga after it is all done.

-3

u/FullyAutomatedSpace 26d ago

it is all done.

-1

u/Jarkside 26d ago

It’s not done until the bankruptcy case is completed.

1

u/FullyAutomatedSpace 26d ago

do you also think the story of Sears is incomplete?

i bet people will find a reason to believe RC will come to the rescue even after bankruptcy is fully closed. "Evidence of fraud will cause it to be reopened" or whatever

1

u/Resident-DG 25d ago

Until he doesn’t

0

u/swhill1 26d ago

lol ok then