Eddie Lampert’s Gonna Fix Sears Up Good And Then Take It Public Again
Just humor him, people.
A federal bankruptcy judge rules that it’s not his job to save hedge fund managers from themselves.
He realizes this means he still owns Sears, right?
Sears would be good and dead if Eddie Lamps wasn't such a stage 5 clinger.
Eddie Lampert buys his beloved Sears a bit more time.
He’s got some new extraordinary measures to keep Sears alive just a little bit longer.
He still thinks there’s something there. Just maybe not $300 million worth.
Umm, hi fellow kids...you're buying Sears.
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.
That is, until Sears files for bankruptcy.
When he’s done with it, the retailer will be just a concentrated black hole of pain and misery.
That’s what a CEO is supposed to do, right?
Might even be in line for a nice parting gift.
And he’s maybe willing to let some of those people in on the action, for reasons.