Lampert Down 4 Million Stays At Motel 6

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Most people are aware of the fact that Eddie Lampert's investment in Sears Holdings probably wasn't his best idea to date, and I would include the hooker community in that group of people. In the hierarchy of who is the first through the last to know your fund is taking a bath cause you thought the crock pot business was booming, call girls come just after your most trusted advisors and light years before your investors.
Outrageously, the Post has been laboring under the impression that the ladies of the night have had no idea what's been a' poppin and, more to the point, a' droppin over at Lampert's ESL Investments. This would explain why the paper broke it down in terms the girls can understand today: by the hour. According to the Post, Big E has seen his nine largest holdings fall an average of $30 million an hour in just over 26 trading days,* with the "the biggest hit-- by far-- coming from the steep drop in Sears Holdings, which fell from $103 in mid-September to $47.67 on Friday, a drop of 53.7 percent that translated into a paper loss of $3.6 billion for Lampert's 65.3 million shares."
*1 day = 6.5 hours

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Repentant British Banks Forcing Clients To Transport Themselves To Olympics, Stay In What Is Basically The Equivalent Of Motel 6, Drink Olde English

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Yahoo! RésuméGate: Day 6

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