ESL’s Lampert Rides Sears to the Bottom

The onetime hedge fund hotshot has staked his reputation on the floundering retailer, to disastrous effect.

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Eddie Lampert, ESL Investments (Bloomberg)

This year is turning into yet another nightmare for Eddie Lampert — and it is once again mostly because of his career-defining bet on Hoffman Estates, Illinois-based Sears Holdings.

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