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It just seems to me his only plan was to extract as much money from the company as possible to make him and some others even more wealthy while letting Sears die a slow long death.

Obviously much of retail is in trouble so maybe there were no other options but I just found his methods to be distasteful.



Funny that I came to the same conclusion for opposite reasons. I initially liked the hidden asset / undervalued RE idea, à la Berkowitz, but came to believe he would not monetize the RE because he really became attached to the company and its employees and felt he had a responsibility to try to save it/them. Unfortunately, this is probably impossible for Sears. So he has ruined himself and his investors by drawing out this process for the last 10 years and running down the value of the assets by selling them off slowly to cover the hughe annual losses. I would say his because his methods aren't distasteful enough...

Dtb
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