Judge Jesse Furman of Manhattan federal court ruled that Windstreams financial maneuvering was “too cute by half”... & that it Deprived Bondholders of valuable assets.. sound familiar
It didn't need to get to this and he's unlikely to turn it around
chapter22
Sears needs to dump Kmart and rebrand itself as 'Sears + Plus'...a Super Sears with Groceries, Home and Garden to better compete with Walmart, Target, etc.
6 months?
They will soon close, its Eddy Lampert, he's great at destroying companies.
I see the clown is still delaying the inevitable
Tough times
I love Sears
It looks an awful lot like he knowingly tanked the company so he could buy it on the cheap in bankruptcy proceedings (it happens)
Probably paid too much . Any amount would be too much . Amazing !
well it is a dead company now. The old fashion cut it up and sell it off.
Saudades da Sears . Come back to Brazil Sears . 'Satisfação garantida ou seu dinheiro de volta '
maybe prices for their made in the usa junk will get lower too?
A losing battle.....monetarily & every other way too...sometimes you just HAVE to let go... sears retail
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Sears makes case to judge for rescue deal with chairman LampertThe once-mighty Sears department store chain took its fight for survival to a ba... Anagram for arses Is this story not over with yet? Let's wrap this up, folks. Really disturbed by this because I used to walk my dog in the local Sears just to escape from the brutal Alabama winters. It was amazing just to walk around and see the items they had for sale. I'll usually just go to Home Depot afterwards to buy because my cousin worked there
Source: Reuters - 🏆 2. / 97 Read more »
Sears saved from liquidation: Judge approves bankruptcy sale to ex-CEO Eddie LampertA federal judge on Thursday approved a last-minute deal to save Sears in shrunken form, giving the death-defying retailer a second chance at life. You knew they would he was the only game in town Lampert is an evil genius. He makes me cringe in every way, but his fleecing of Sears has been impressive I'm just glad to see the company in experienced hands.
Source: USATODAY - 🏆 100. / 63 Read more »
Sears shares surge as bankruptcy judge OKs Lampert bid
Source: MarketWatch - 🏆 3. / 97 Read more »
Sears Chairman Eddie Lampert could save the brand — or doom itSome retail experts said Lampert's moves over the years were intended to extract value for himself at the expense of other stakeholders. But you can rest assured Lampert will make a Yuge profit off it Nice Let it die a peaceful death. Why prolong the agony any longer?
Source: NBCNews - 🏆 10. / 86 Read more »
Elizabeth Warren blasts Sears buyer as a ‘practitioner of predatory capitalism’Elizabeth Warren blasts Sears buyer Eddie Lampert, calling him a 'practitioner of predatory capitalism' Lol predatory capitalism. How bout outright scholarship fraud She needs to stop. This is not her area. Leave it to the judges. Remind me how Warren made her money
Source: MarketWatch - 🏆 3. / 97 Read more »
U.S. agency seeks approval to take over Sears pensionsA U.S. agency that insures worker pensions sought permission on Friday to take o... Ifb So they can tell them all 'Sorry suckers.' Let' see monday.
Source: Reuters - 🏆 2. / 97 Read more »
Eddie Lampert's deal to buy Sears granted approval, as retailer is given a second lifeSears Chairman Eddie Lampert's $5.2 billion deal to buy the retailer is expected to save 425 stores and roughly 45,000 jobs. To liquidate This is like a B-movie dying scene. Time to rebrand to Sears Xpress in all K-Mart stores and shutter the large Sears not making money. Please update the logo Eddie Lampert.
Source: CNBC - 🏆 12. / 72 Read more »
Sears gets out of bankruptcy aliveSears will be able to keep 425 stores open and save the jobs of 45,000 employees after a bankruptcy judge approved the $5.2 billion sale of most of the retailer's assets to a hedge fund controlled by the company's chairman Why tho? Its really sad to walk into a department store and its employees go 'yeah we still exist, people ask all the time, yeah we are still here.' Vulture capitalism in action. Lampert is stripping the dying company of parts until it’s finally dead.
Source: CNN - 🏆 4. / 95 Read more »
Sears unsecured creditors challenge claim Lampert's bid will save about 45,000 jobsEddie Lampert's $5.2 billion deal to buy Sears out of bankruptcy, is the only deal that would stave off liquidation and save 45,000 jobs. But Sears plans more store closures and layoffs in 2019. Rrrrright... he's doing it to save jobs Secured credit infrastructure luvstrongerh8 enemies close ally attn nameless faceless voids target weakest link insecurities Case StudyinStates sovereign science bankrate not WE sabotage 4jobs 'our' people create crack office hack 45k jobs searsStyle
Source: CNBC - 🏆 12. / 72 Read more »
Toys R Us workers are training Sears workers to fight for severanceA bankruptcy court could decide whether Sears lives or dies this week. Laid-off employees are fighting for severance and benefits, following the example of Toys R Us workers who also lost their jobs. This is incredible seeing these workers ban together! Sadly, the nail in the coffin. I love it when we stick together!
Source: washingtonpost - 🏆 95. / 72 Read more »