Sears Didn’t ‘Die.’ Vulture Capitalists Killed It.

But most of the coverage has failed to stress the deeper story. Namely, Sears is a prime example of how hedge funds and private equity companies take over retailers, encumber them with debt in order to pay themselves massive windfall profits, and then leave the retailer without adequate operating capital to compete.

https://www.huffingtonpost.com/entry/opinion-sears-bankruptcy-hedge-funds_us_5bc4b346e4b0bd9ed55c8a58

 

 

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