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CEO Eddie Lampert Loans Sears Another $100M

The approaching holiday season means it must be shore-up-Sears time, and right on cue chairman/CEO Eddie Lampert has loaned his ailing retail chain another $100 million, borrowed from affiliates of his ESL Investments hedge fund.

“Sears Holdings is getting another cash infusion from CEO Edward Lampert in the run-up to retail’s key holiday season.”

See the full story at the Chicago Tribune.

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