U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 08-15-2018, 02:21 AM
 
18,254 posts, read 11,653,926 times
Reputation: 11865

Advertisements

Well if this don't take the rag off the bush.Mr. Eddie Lampert having done what hedge funds do; loot, rape, and pillage a company leaving a twisting dying carcass, the guy now wants to "save" what's left of Sears. To wit buy what are probably the most valuable remaining assets (the Kenmore Brand name for a start) for what Mr. Lambert calls a "good price". https://www.foxbusiness.com/markets/...ert/index.html
Reply With Quote Quick reply to this message

 
Old 08-15-2018, 04:08 AM
 
Location: Pennsylvania
8,975 posts, read 3,118,603 times
Reputation: 7053
Quote:
Originally Posted by BugsyPal View Post
Well if this don't take the rag off the bush.Mr. Eddie Lampert having done what hedge funds do; loot, rape, and pillage a company leaving a twisting dying carcass, the guy now wants to "save" what's left of Sears. To wit buy what are probably the most valuable remaining assets (the Kenmore Brand name for a start) for what Mr. Lambert calls a "good price". https://www.foxbusiness.com/markets/...ert/index.html
In his defense --- Sears would have been dead two years ago without his creative financing strategies - but you're right -- this is almost the end for Sears and I for one am not sorry to see them go. They were beaten by much better managed companies.
Reply With Quote Quick reply to this message
Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

2005-2018, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top