Goldman To Turn Gymboree Into Something More Goldman-y
And, surprise, surprise, make sure it makes money on a series of spectacularly miscalculated investments.
bankruptcy
Bankruptcy Judge Is Really Rather Sick Of Nitpicking Over The Intricacies Of Bankruptcy Law
Which is a rather extraordinary thing to say for a bankruptcy judge, but in the case of Jay Alix v. McKinsey, we totally get it.
![By DR04 [CC BY 3.0], from Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTI3MTE0NDM0NTI0/sears.jpg)
The Desiccated Corpse of Sears, Which Does Not Have $200 Million, Owes Its Lawyers $200 Million
And it cannot rest in peace until they're paid.
![By Chris Potter (Flickr: 3D Judges Gavel) [CC BY 2.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTIzODkyNjg0Mjc3/gavel.jpg)
Highland Capital Founder Could Not Be Happier To Not Be A Hedge Fund Manager Anymore
No more dealing with the disrespectful idiots who made up Jim Dondero’s client base.
Sears Bankruptcy Case Reaches ‘Good Luck Suing Eddie Lampert’ Phase
Because there’s not enough money coming from anywhere else.
Seth Klarman To Roll Around In PG&E Winnings While Paul Singer, Others Fight Over Charred Scraps
Baupost Group is as hot as a California wildfire.
Congratulations And Condolences To Eddie Lampert On Getting To Keep Sears
A federal bankruptcy judge rules that it’s not his job to save hedge fund managers from themselves.
Eddie Lampert Wins Sears Auction, Loses More Generally
He realizes this means he still owns Sears, right?
![By Jonrev at English Wikipedia [Public domain], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE1MzAyOTQ2Nzgw/sears.jpg)
Sears Is Dead. Eddie Lampert Is Still Very Much OK.
He didn’t want to file for bankruptcy and he’s not gonna be CEO anymore, but he’s still probably gonna get everything he wants.
Don’t Make Eddie Lampert Do This
His game of chicken with Sears shareholders gets serious.
Sears Still Very, Very Much Screwed, Eddie Lampert Still Very Much Going To Be Better Than OK
That is, until Sears files for bankruptcy.
McKinsey Has Either Assembled An Incredibly Conflict-Free Client Roster Or Is Hiding Something
A competitor has a sinking suspicion it’s the latter.
![Rob Lavinsky, iRocks.com – CC-BY-SA-3.0 [CC BY-SA 3.0], via Wikimedia Commons](https://dealbreaker.com/.image/ar_16:9%2Cc_fill%2Ccs_srgb%2Cfl_progressive%2Cg_faces:center%2Cq_auto:good%2Cw_620/MTYxMjc3MTE0MjI4ODExNzQw/platinum-54286.jpg)
Things Are Going To Get A Lot Worse For Platinum Partners Before They Get Better
Or they'll just keep getting worse and never get better. It's one of these two things.
Martin Shkreli's Former Company To Get Bankruptcy Loan Pending Full Shkreli-ectomy
The former hedge funder should have seen this coming.
The Department Of Justice Has Taken An Interest In 50 Cent's 'Posing With Money' Series On Instagram
Apparently spelling out the word 'broke' with stacks of cash while claiming bankruptcy is "potential evidence of serious misconduct."
50 Cent Learns Valuable Lesson About Posing Atop Bed Of Cash, Posting Pics To Instagram While Claiming Bankruptcy
Also photos of stack of cash in his fridge, spelling out the word 'broke' in stacks of cash, etc.
50 Cent Says Bankruptcy Plan Will Force Him Into Indentured Servitude
It's hard out here for a bankrupt rapper.
Dov Charney Finally Has A Terrible Day That Doesn't Involve Getting Slapped With Sexual Harassment Suits
American Apparel's got good news and less good news for its ousted CEO.
In Retrospect, UBS Brokers Would Not Have Sold Investors Puerto Rico Debt, Lied About It 2 Seconds Before The Place Went Bankrupt
Thirty-two million dollars in fines will do that to a person.