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re: Sears Rejects Lampert Bid, Cue Up the Fat Lady

Posted on 1/8/19 at 9:08 am to
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
30792 posts
Posted on 1/8/19 at 9:08 am to
So you think Lampert wanted Sears to fail so he could personally benefit?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 1/8/19 at 9:10 am to
quote:

So you think Lampert wanted Sears to fail so he could personally benefit?


I can understand the ethics arguement but I don't see how he benefits from running the company way down the shitter and then buying it. This is going to be a long painful rebuild were it to happen.

Maybe I'm wrong, I'm just failing to see where he benefits
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 1/8/19 at 9:10 am to
quote:

So you think Lampert wanted Sears to fail so he could personally benefit?

It sure seems like that's a possibility. It's certainly not an arm's length transaction he was trying to pull off.
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