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The story of billionaire Eddie Lampert’s spectacularly bad investment in a dying Sears

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As Sears hurtles toward bankruptcy, Wall Street is wondering what Lampert will salvage for himself and his US$1.3 billion fund, whose future may now be in doubt

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That guy never gave a dam about the retail. He is an investment guy. A lot of people are getting screwed over this

Sears was an excellent investment. Lampert is the one with no vision. LeadershipMatters

Well hello to the new head of ONBCanada! nbpoli loves giving away resources to bad ideas and scams.

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Sears to stay in business after Eddie Lampert’s hedge fund wins bankruptcy auctionLampert’s bid prevailed over competing proposals from liquidators that would have forced the chain to shut down and sell its assets
Source: nationalpost - 🏆 10. / 80 Read more »