(CEO) Eddie Lampert (& Inc.) Did Sears get gouged by its own CEO?
Jeff Macke on the sweet deal (CEO) Eddie Lampert received when lending:(SP101: Also known as ...playing both sides against the middle man's $'s)
Yesterday Sears (SHLD) announced that it would borrow up to $400 million from groups affiliated with CEO and Chairman Eddie Lampert's ESL Investments Inc. The filing is pretty densely worded but there are multiple listed lenders in the documents. As it turns out they all are under the sole control of (CEO) Eddie Lampert.
