ESL’s Lampert Rides Sears to the Bottom

September 21, 2016   Stephen Taub

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The onetime hedge fund hotshot has staked his reputation on the floundering retailer, to disastrous effect.

This year is turning into yet another nightmare for Eddie Lampert — and it is once again mostly because of his career-defining bet on Hoffman Estates, Illinois-based Sears Holdings. Lampert, 54, is the founder of ESL Investments and a one-time …

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