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That Lampert continues to buy back stock in this credit environment is astounding.
Dec 25 08:54 am
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All Comments by Paul Price »Credit Markets Overstate Sears Bankruptcy Risk [View article]
He should be holding all the cash the company can in this, the worst retail environment in decades.
Bankruptcy is a real possibility. The old K-Mart had lots of 'valuable' real estate on its books and its old shareholders were wiped out 100%.