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To: Black Agnes

Sears was a publicly traded company. As CEO, Lampert had a fiduciary duty to not sabotage the interests of the shareholders in favor of his own. I’m not an accountant but on the surface it seems almost akin to embezzlement. The SEC ought to look into it, and sanction or charge this guy if he acted illegally.


4 posted on 12/28/2018 8:38:22 AM PST by pepsi_junkie (Often wrong, but never in doubt!)
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To: pepsi_junkie

I posted another article in the comment beneath yours. Goes into way more detail of his shenanigans.


6 posted on 12/28/2018 8:41:20 AM PST by Black Agnes
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To: pepsi_junkie

I hope he gets kidnapped again.


15 posted on 12/28/2018 8:50:00 AM PST by EEGator
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To: pepsi_junkie
A stockholders’ derivative lawsuit seems in order...
23 posted on 12/28/2018 8:54:29 AM PST by Eric in the Ozarks (Baseball players, gangsters and musicians are remembered. But journalists are forgotten.)
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To: pepsi_junkie

I am thinking the same thing.

How does this guy avoid prosecution and shareholder suits?


32 posted on 12/28/2018 9:07:09 AM PST by sevlex
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To: pepsi_junkie

“The SEC ought to look into it, and sanction or charge this guy if he acted illegally.”

Yeah, they’ll get right on that.


38 posted on 12/28/2018 9:18:08 AM PST by dljordan (WhoVoltaire: "To find out who rules over you, simply find out who you are not allowed to criticize.")
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