The reason Sears is a 'beleaguered retailer' is because vulture capitalist Lampert stripped it of all its assets.
This guy gives a new meaning to stupid rich
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
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.
Ex-Sears CEO Eddie Lampert orchestrated 'scheme' to 'steal' Sears, creditors allegeSears boss and investor Eddie Lampert orchestrated a 'multi-faceted scheme' to strip the company of assets, major creditors alleged. That is correct If true I hope he does time for it. Of course Eddie Lampert did. He began when he bought Sears. He has been stripping assets for years. It's been in the news for years.
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 »
Eddie Lampert thinks Sears could be a public company againSears Chairman Eddie Lampert thinks the embattled retailer could one day be a public company. Sears was the 'Amazon' for decades....they need to get back to their roots. Joe, the bell is stupid - enough already. You don’t work at the front desk of a hotel! KERNEN A CANCER
Source: CNBC - 🏆 12. / 72 Read more »