Sears wins reprieve from liquidation as Chairman Lampert makes last-minute bid on bankrupt company

ThomasGBarber1 Wow he's crazy. I wonder how much of that money was his?

WesPlattTweets Does it seem weird to anyone else that the chairman of a company (Sears) that has been failing for over a decade has paid himself enough money during that time to buy his own white elephant? We are truly living in an oligarchy of wealth.

Both Sears and KMart did not grow well with the times. Sears had their infamous Sears catalog and you would've thought they would've gotten on the internet to advance it... no....

Time will tell if it was a wide decision!

This is like the executioner staying the execution. He still has the needles ready, just waiting a few weeks to plunge them in.

Stop Eddie..... It’s already dead. Let it go. You failed.

Tell him not to bother. Big bonuses to big bosses, staff gets no pension, nothing. Won't shop there again so close it down.

However, he is a prime suspect in putting the company into bankruptcy in the first place!

Eddie belongs in jail

What can he do that isn’t already being done to save it? Amazon killed sears. Anything they have I can have more choices and just as fast sitting at home.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sears Chairman Eddie Lampert revises his bid to save the company, report saysAmid an auction of its assets, Sears chairman Eddie Lampert has tweaked his bid for the beleaguered retailer according to Bloomberg This guy gives a new meaning to stupid rich The reason Sears is a 'beleaguered retailer' is because vulture capitalist Lampert stripped it of all its assets.
Source: USATODAY - 🏆 100. / 63 Read more »

Sears reaches deal with Chairman Eddie Lampert to save company and roughly 400 storesSears Holdings reached a roughly $5 billion deal with Chairman Eddie Lampert early Wednesday morning to keep the company, and roughly 400 stores, in operations, according to a person familiar with the situation. Save 🤣🤣🤣 Huge Package for Execs, & then will sell off piece by piece - screwing over workers & pensions! Don't kId yourself! Vulture Capitalists! PERIOD! Lets start a pool. I give them 2 yrs at the most. Same management will result in the same results.
Source: CNBC - 🏆 12. / 72 Read more »