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How Eddie Lampert Destroyed Sears and Made $6 Billion | The Retail Heist Scandal Was the Sears bankruptcy a failure—or the greatest corporate heist in American retail history? This video reveals how hedge fund billionaire Eddie Lampert took control of the $30 billion American icon in 2005 and systematically stripped it of assets over 13 years, ultimately walking away with an estimated $6 billion while 125,000 workers lost their jobs. 🔑 KEY TOPICS COVERED: • Eddie Lampert Sears bankruptcy scandal • Seritage real estate spinoff fraud allegations • How hedge funds profit from corporate asset stripping • Sears Craftsman Kenmore DieHard brand sales • ESL Investments fraudulent transfer lawsuit • The $2 billion creditor lawsuit against Eddie Lampert ⚠️ DISCLAIMER: While this video covers real historical events and legal proceedings, we provide educational content only, not financial advice. Our goal is storytelling with practical financial life lessons. All information is based on public court documents, creditor lawsuits, bankruptcy filings, and investigative journalism from reputable sources. 📚 SOURCES: • Sears Holdings bankruptcy court filings (S.D.N.Y. 2018-2019) • Lawsuit: Sears Holdings v. Lampert et al. (April 18, 2019) • Institutional Investor: "Eddie Lampert Shattered Sears" analysis • Bloomberg, WSJ, Reuters bankruptcy coverage 2018-2022 • American Prospect: "How Sears Was Gutted By Its Own CEO" • SEC filings: Seritage Growth Properties transactions 💡 Did Eddie Lampert commit fraud or just make terrible business decisions? The lawsuit claimed $2 billion in fraudulent asset transfers. The settlement paid just $180 million. What do YOU think happened? Share your thoughts in the comments below! 👍 If you found this economic mystery fascinating, please LIKE this video and SUBSCRIBE to The Sleeping Economist for more stories about the financial events that shaped our world while everyone else was sleeping! 🔔 Hit the notification bell so you never miss these deep dives into economic history. 💬 COMMENT BELOW: Should hedge fund managers be allowed to buy struggling companies and control both sides of asset sales? Is this capitalism or corporate theft? #SearsBankruptcy 💔 #EddieLampert 💰 #corporatefraud ⚖️ #AssetStripping 🏢 #HedgeFundScandal 📉 #retailapocalypse 🛒 #CraftsmanBrand 🔧 #SeritageREIT 🏗️ #bankruptcy #financialeducation 📋 #corporategreed 💸