Lampert Feels Sears' Struggle in Client Redemptions

Lampert Feels Sears' Struggle in Client Redemptions Play

June 14 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports that Sears Holdings CEO Eddie Lampert had to use $393 million of AutoNation shares to meet client redemptions in his main hedge fund ESL Partners due to volatile returns on its investment in Sears. She speaks on Bloomberg Television's "In The Loop."

  • On Air Now

    Crocodile in the Yangtze: The Alibaba Story Watch Now

  • Next

    Bloomberg West Special: "The Alibaba Story"

blog comments powered by Disqus