Friday, August 26, 2016
Hedge fund a-hole, Eddie Lampert continuing his destruction of iconic American brand, Sears.
This hedge fund moron, Eddie Lampert, like so many others, systematically destroyed an iconic American brand, Sears. Now he's looking to dump some of its prized and most recognized brands and assets: Kenmore Appliances and Craftsman Tools.
Lampert is psycho Ayn Rand follower. It's said that his management style for Sears, where he is CEO, is to pit the company's operating units against each another. This is how he felt the business would benefit. Not by cooperation. Not by combining talents and strengths, but rather, by canabalizing each others' businesses and profits.
Can you imagine if the military was run this way? Army against Navy. Marines against the Air Force?
Sad, but it's just another example of sick, entitled, clueless gambler with lots of money allowed to run amok and leave destruction everywhere he goes. Like they all do.