Eddie Lampert Hedge Fund Portfolio

Discussion in 'Wall St. News' started by Daal, Nov 18, 2008.

  1. Daal


  2. Most well known 'experts' are usually better self publicists than actual competent operators.
  3. Sears made the bulk of its profit by selling credit swaps. There's absolutely no tell as to the current position of their liabilities. Lampart has held C from $40 so it's likely that he's caught on the wrong side of the CDO market as well.

    Sears in 2006 said: "Investors in Sears have been warned, bluntly, that putting the company’s cash pile to work may have its downside. “These investments are highly concentrated and involve substantial risk,”