RIP Sears

<not-sarcasm>Shouldn’t the PBGC come to at least partial rescue?</not-sarcasm>

The strange thing (relatively speaking) is that Lampert, who has controlling ownership, is making demands of the company of which he happens to be the CEO:

Lampert said last month in a letter that Sears “must act immediately” on his latest proposal, in his investment capacity, to sell more assets and shed debt.

What, does he just go up to a mirror and start threatening himself?

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