Creditors Say Lampert Reaped Billions but Left Sears Insolvent

Sears Chairman Edward Lampert and his hedge fund ESL Investments deployed stock buybacks, spinoffs and dividends to rake in billions of dollars while stripping the company of assets and cash, say the retailer’s creditors.

from WSJ.com: US Business https://on.wsj.com/2CJSouN
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