Re:Sears has another chance to avoid closing down
by confiscate on Wednesday January 09, 2019 @03:14AM
(#18863159)
True.
But, the 60-minutes reporter didn't justify his claims based on risk or on math. He was skeptical because Sears is huge, and to him it was laughable [and yes, he did literally laugh many times in that interview] that Amazon can someday be worth more than Sears. To him it was "messed up", and a sign of things wrong with the world
In fact they were only saved because he had secured financing mere months before the collapse, had that not happened Amazon would be listed among the likes of Pets.com.