I presume ESL's window for withdrawals included a period around year end. So I'm guessing there's a giant sucking sound coming from Lampert's hedge fund. A very bad period for hedge fund just keeps worsening especially for any fund that bet way too heavily on Sears. A monumental mistake. One for the textbooks.
The greatest 9 years in stock history and ESL plunges deeply into Sears common stock, bonds and other assets.
Every one of this investors must be thinking how much they missed making even in a dumb-dumb index fund. Sears hasn't even paid a dividend since about 2005.