Maybe it’s too much to start another thread on the topic of reasons and origins of Sear ’s way to BK, but this article is something I think many of you will find interesting. It generally underlines the role of hedge funds an private equity firms in destroying companies, by overloading them with debt while paying themselves massive amounts of money until the company runs out of capital to operate. Sears’s is just one ost the companies that ended up this way but probably got most media attention due to its size and reputation. What sickens me the most is that the very people who did this to us (on purpose) are still at the company, waiting to vulture the last remaining bits.
https://www.yahoo.com/news/sears-didn-apos-t-apos-171911449.html