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by bmitc
1066 days ago
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Just read about him on Wikipedia. It mentions: > Lampert is a self-proclaimed supporter of free market economics and is a fan of libertarian writer Ayn Rand. Big surprise there. From another article: > As Sears blew through its dwindling cash reserves, Lampert’s hedge fund made loans to the company money that were backed by the company’s assets, including real estate balances on Sears credit cards. That made him Sears’ largest creditor: Sears owes him at least $1.3 billion. How is this even legal? |
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