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A comment on Microsoft to Cut Jobs, Take $7.6B Nokia Writedown. Parent comment

Re:Microsoft to Cut Jobs, Take $7.6B Nokia Writedown by thrownaway2424 on Wednesday July 08, 2015 @11:06AM (#9852008)
Sears Holdings was basically a hedge fund that happened to own Sears and Kmart. You'd have to admit that prior to the recession it was looking pretty good, having enjoyed a 10x run in their share price.
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Re:Microsoft to Cut Jobs, Take $7.6B Nokia Writedown by maxerickson on Wednesday July 08, 2015 @11:26AM (#9852160)
Yeah, that deal worked out okay for the architect:

http://money.cnn.com/2004/11/17/news/newsmakers/lampert/

https://en.wikipedia.org/wiki/Edward_Lampert

Lampert's earnings in 2004 were estimated to be $1.02 billion

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