No it’s not an episode of succession, but it feels like one. This story has billionaires, nepotism, betrayal, criminal accusations, and COUPONS!
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Timestamps:
01:00 - Background
04:12 - BBBY CEO Steve Tamaras stupidly overpaid
08:00 - Activist investors kick out the CEO
14:15 - Nepotism!!
19:50 - Activist investors kick out ANOTHER CEO
26:50 - BBBY as a meme stock and r/wallstreetbets
40:50 - SEC investigations, death of BBBY CFO
44:50 - Takeaways
Thank you for listening!! Please send me an email becca@nitetoast.com