Thread regarding Sears layoffs

Great American

So the guys lending Fast Eddie his emergency $350 million dollar loan are called Great American. The people they've helped include: Toys R Us, Radio Shack, Bon-Ton, Circuit City, Tower Records, HHGregg, Gordmans, Sports Authority, and Carsons. Anyone else seeing a pattern here?

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| 1381 views | | 6 replies (last November 16, 2018) | Reply
Post ID: @OP+WawzCcd

6 replies (most recent on top)

Yah 11.5 persent interest and 3percent of the loan. Courts gave the OK to sell most profitable stores. Term for this is Stalking the horse

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Post ID: @lfq+WawzCcd

@mpn that's a really good point. this has nothing to do with saving sears, this is about liquidating on his own terms, same as he's been doing since he was kidnapped all those years ago and decided to take it out on sears.

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Post ID: @xqz+WawzCcd

Another nail in the coffin. How many nails do we need? No more. The body is dead

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Post ID: @wko+WawzCcd

exactly why they're his new partners

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Post ID: @rxu+WawzCcd

that is what this company does is liquidate a business ,

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Post ID: @pgz+WawzCcd

Yea, esl wants to liquidate on his terms after he buys stores at auction.

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Post ID: @mpn+WawzCcd

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