3 ms·
Self-dealing? It pretty much looks like asset laundering to get the assets free of the debt.
by darkarmani 8y ago
Self-dealing? It pretty much looks like asset laundering to get the assets free of the debt.
- AnimalMuppet 8y agoIf Sears sold some assets to Lampert's holding company for less than they were worth, there are probably laws against that (though proving it in court may be a different matter). But if Lampert's holding company was the high bidder, why shouldn't they buy the assets?