Sears files bankruptcy

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Sears files bankruptcy

Postby Waldo » Mon Oct 15, 2018 10:13 am

I see Sears filed for bankruptcy today.

If you remember, Lou D'ambrosia was the Avaya CEO who orchestrated the company going private and going into something like $12 billion in debt which led to Avaya's bankruptcy.

Right after Avaya going private he left for "medical reasons" and a little later became the CEO of Sears and orchestrated the merger with K-Mart. A little while after that he left again for "medical reasons".

So counting K-Mart, Sears, and Avaya, that is 3 notches he can put on his bed post for companies that he has screwed.

Unfreaking beleivable.
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Re: Sears files bankruptcy

Postby mpen430 » Mon Oct 15, 2018 4:56 pm

It sounds like he may have some serious health problems. I hope he made enough in these transactions to cover his medical expenses.
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Re: Sears files bankruptcy

Postby Temmer » Thu Oct 18, 2018 7:21 am

Seems like this guy was the hatchet-man that did someone else's dirty business. No chance this is all a coincidence.
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