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bar1080

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bar1080

Re: Crusen post# 1137

Wednesday, 03/22/2017 10:11:50 PM

Wednesday, March 22, 2017 10:11:50 PM

Post# of 37346
"How Lampert cashes in as stores cash out"

"Eddie Lampert, the press-shy CEO, chairman and largest shareholder of Sears Holdings, may be all that’s standing between the beleaguered department store chain and bankruptcy.

The conventional wisdom is that Lampert will suffer massive losses if Sears perishes, since he has pumped hundreds of millions from his personal fortune into the company. And while there's no question he has a lot at stake, a closer look suggests that the billionaire investor has shielded some of his investment from annihilation in the event of Sears’ demise."

https://www.msn.com/en-us/money/companies/how-sears-ceo-cashes-in-as-stores-cash-out/ar-BByBn6E

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