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Just to show that these bets are not without risk, the Sears bet failed bigtime. Lampert lost a ton of money.
by lotsofpulp 3y ago
Just to show that these bets are not without risk, the Sears bet failed bigtime. Lampert lost a ton of money.
- dehrmann 3y agoPeople love to vilify PE for destroying companies, but a lot of these companies were dying anyway, and PE was trying a last-ditch, high-risk reorg to save them.