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ESL’s Lampert Rides Sears to the Bottom
The onetime hedge fund hotshot has staked his reputation on the floundering retailer, to disastrous effect.
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. Lampert, 54, is the founder of ESL Investments and a one-time Goldman Sachs risk arbitrageur who was once
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