Source: Law Daily Report (lawdailyreport.net)
TheGreatHeist of 2019. This lesson will be taught 20 years from now in the EnlightenedSociety. Eddie isn’t saving the business, he is starving it off to line his pockets. Sad
ImWatchingToo The only store that sold well made quality merchandise, sad!
4.4 billion is not enough to pay the bills incurred in a single month. Just let it die. There is no hope of resuscitation.
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National champ Clemson to visit White House Jan. 14This would mark the Tigers’ second visit to 1600 Pennsylvania the past three years. NBCSports Too bad the government is shut down NBCSports Time to cancel Clemson I guess, just based on that jersey. 🙃 NBCSports NBA teams can learn!
Source: NBCNews - 🏆 10. / 86 Read more »
Edward Lampert Scrambles to Keep Sears AliveThe hedge-fund manager huddled with his advisers over the weekend to revamp his $4.4 billion offer to buy the business out of bankruptcy, after Sears’s directors said they didn’t consider the bid a qualified offer. Pathetic. Lampert ran a good company into the ground. SHAME! Yeah the judge approved the execs bonuses of over 25M. RemoveJudgeBrodman MatthewKellyExtremeDUI Fixthesystem DraintheJudicialSwamp Bet no one complains about him 'bagging'.
Source: WSJ - 🏆 98. / 63 Read more »
Sears’ Edward Lampert sweetens his bid to keep stores open, source saysSears is teetering on the edge of liquidation. Some of the company's creditors feel it is worth more to them dead than alive. So Lampert runs an American institution into the ground, now wants to buy assets he devalued at pennys on the dollar, to enrich himself, after putting tens of thousands out of work. What a country. Poor Sears. Kind of sad that they're dying. But, for years, I've been going into their stores and like nobody is around, they've been ghost towns. It's almost like they gave up a long time ago.
Source: latimes - 🏆 11. / 82 Read more »
Edward Lampert’s $5 Billion Sears Rescue Under Scrutiny as Auction NearsHe added no new cash, asked for more real estate and other goods and beefed up promises to take on bills owed to suppliers, landlords, tax authorities and others. can we buy the sign? Isn't Lampert just throwing good money after bad at this point? surplus coming to an Ocean State Job Lot and Ollie's Bargain Outlet near you
Source: WSJ - 🏆 98. / 63 Read more »
Sears Creditors Oppose Sale to Edward LampertThe retailer’s creditors are balking at its proposed sale to hedge-fund manager Edward Lampert, who they accuse of stripping Sears of its best assets before dumping the chain into bankruptcy and cheaply reacquiring it. Subscribe to PewDiePie. What happens when you let these scumbags take over businesses. They load em with debt, mismanage, and kill what the company was. sad they destroy so many US comapnys & nothing is done.
Source: WSJ - 🏆 98. / 63 Read more »
Sears to Stay Open, After Edward Lampert Prevails in Bankruptcy AuctionThe hedge-fund manager succeeded in a last-ditch effort to keep the 126-year-old retailer alive. His $5 billion offer beat a competing bid to liquidate the company. FundIACC with the assistance of EuropeanCommission and WorldBank by means of documents revealed the concealment by the anti-corruption bureau of Kazakhstan and Poland а smuggling Kazakhstan liquefied gas to Poland in the amount of 35 thousand tons and is preparing a court(Doc) Oh good, they have the best private bathrooms in the world. Will die
Source: WSJ - 🏆 98. / 63 Read more »
Sears Chairman Eddie Lampert to work on a higher bid to keep Sears aliveIt could not be immediately determined whether Chairman Eddie Lampert will be able to pull together an offer for Sears that sufficiently addresses a prior bid's shortcomings. A fool and his money... ICTBiz_BHorwath Rename it... Sears: America's Store Keep you're money sir it's a bad buy! Craftsman sold out to Asia America will not support a business that does that! Just look at GE.
Source: CNBC - 🏆 12. / 72 Read more »
Sears downfall a story of 'avarice, greed and stupidity', says former Sears Canada CEOFormer Sears Canada CEO Mark Cohen said the 'die was cast' on Sears' 'miserable outcome' all the way back in 2000. 'This is a tale of avarice, greed, incompetence and stupidity.' Yep Like our government. that is the same with all retail
Source: CNBC - 🏆 12. / 72 Read more »
Macau gambling revenue grows 14 percent in 2018, shrugging off trade war fearsAsian gambling enclave Macau finished 2018 on a strong note, shaking off China's slowing economy and concerns over the trade war with the United States. Plus a clinton foundation bribe is no longer necessary as bankrupt states in US legalize marijuana and sports betting.
Source: CNBC - 🏆 12. / 72 Read more »