Pretty soon Eddie will secure another loan from someone willing out there. What's everyone thinking he'll be given? 1 million 21 million? And.... Go
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He's been using Seritage to lease out former Kmart locations to At Home, U-Haul, and others who continually pay him rent, so he's doing fine.
As a busy banker I can say that his options are limited. His credit has reached its limit and he would need to put up the lucrative Serigate. Sorry i have to go now i have some impotent people waiting for me.
The yacht wasn't 25 million...it was 130 million
He’s been using his own money....which is great....he’s draining his own coffers on this sinking ship....as it should be....he can keeps this going for years if he wants to....but will be broke in the end