Sears C.E.O. Lampert Sounds Alarm on Bankruptcy Risk

Photo of Sears C.E.O. Lampert Sounds Alarm on Bankruptcy Risk
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Edward Lampert, the Sears chief executive whose hedge fund owns big chunks of the company’s debt, suggests selling stores and asking lenders to take equity stakes.

view The New York Times: Business
#credit and debt
#shopping and retail
#bankruptcies
#sears holdings corporation
#lampert edward s
#esl investments