Just a few highlights: he is first in line to be repaid if we don't emerge from bankruptcy and he earns interest and fees from all the loans that are guaranteed to be repaid through key assets.
Tell me once again how it isn't in his best interest for us to fail?
https://www.businessinsider.com/sears-bankruptcy-how-eddie-lampert-gains-when-sears-loses-2018-10
You fail to mention that he put up 1.2B to keep the company going. Eddie owns it, he can do with it what he wants. When you win the next 1.6N lottery, you can buy two pieces of sh-- and try and make a company out of them.
Mr. ED would not do me like that.
Agreed, this whole thing reminds me of the movie "pretty woman", guy buys up companies and carves them up selling off the profitable chunks. Only this time the guy buying is the guy selling.