Thread regarding Sears layoffs

Steven Mnuchin

(FORBES ARTICLE) Lampert Has A Friend On The Government Agency Board (PBGC) That Helped Seal His Deal For Sears.

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Post ID: @XAufHUv

9 replies (most recent on top)

@XAufHUv-2maa The homogays?

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Post ID: @XAufHUv-2hyo

Ex-Goldman Sachs

Ex-ESL Vice-Chairman

Started SFM Capital Management with George Soros

Founded Hedge Fund Dune Capital Management- which invested in Trump projects. Trump later sued them over this for what that's worth.

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Post ID: @XAufHUv-1jxn

Recuse himself? Hahahahaha!

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Post ID: @XAufHUv-tnk

Mnuchin stated at his confirmation hearing (which Eddie attended) that he'd recuse himself in this exact situation. If he ended up not doing so, I imagine there'd be a lot more than mere speculation right now.

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Post ID: @XAufHUv-rgy

Rich people rule the world. Always did, always will. How could it be any different?

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Post ID: @XAufHUv-nkx

https://www.forbes.com/sites/warrenshoulberg/2019/02/10/lamperts-friend-in-the-trump-administration-on-agency-board-that-helped-seal-his-deal-for-sears/#481806a6612c

The article is speculation based on the FACT Munchkin was Eddies college roommate, served on the Sears Holdings board until 2016 and is one of the three (3) directors of PBGC. They are also supposed to still be good friends.

You Make the Call

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Post ID: @XAufHUv-dxc

Here's the article to back the claim. Consider the claim fully backed now!

https://seekingalpha.com/article/4239986-really-happened-sears-hearing-now

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Post ID: @XAufHUv-faz

@XAufHUv-pdg posted:

"There's an article out right now that gives a pretty solid play-by-play from someone present for the bulk of the court proceedings. Basically the whole auction and process is being characterized as little more than a dog and pony show where Judge Drain blatantly ignored competing bids and waved off all objections by creditors in favor of Eddie's bid."

Nothing more refreshing than mob mentality... waiting for you to post the article to back-up your claim

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Post ID: @XAufHUv-ouu

Not surprised. Mnuchin has had a cloud over his reign in the White House from day one - and for good reason.

There's an article out right now that gives a pretty solid play-by-play from someone present for the bulk of the court proceedings. Basically the whole auction and process is being characterized as little more than a dog and pony show where Judge Drain blatantly ignored competing bids and waved off all objections by creditors in favor of Eddie's bid.

Nothing we didn't already know but it's an interesting read nonetheless. Pretty obvious to all of us that the judge was in collusion with Eddie from the jump with all those deadline extensions and overtly steering ESL's bids towards modifications that would favor his predetermined decision. Just goes to show how deep the corruption runs in this country where situations like this can play out publicly despite obvious conflicts of interest sidelining key decision-makers. There's no objectivity in these bankruptcy courts.

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Post ID: @XAufHUv-pdg

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