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Re: Scotttrader80 post# 17668

Sunday, 02/03/2019 7:57:04 PM

Sunday, February 03, 2019 7:57:04 PM

Post# of 37346
Under Lampert’s guidance the company hasn’t turned a profit since 2010
At issue on Monday will also likely be the motivations behind Lampert’s efforts to save Sears. Its unsecured creditors have cast doubt in the altruism of Lampert’s efforts. They say his proposed deal is “nothing but the final fulfillment of a years long scheme to rob Sears and its creditors of assets and employees of jobs while lining Lampert’s and ESL’s own pockets.” They also doubt Sears’ post-bankruptcy viability and its ability to avoid a second trip to bankruptcy court
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