Mark Cohen, a former chairman and chief executive officer of Sears Canada Inc., talks about the outlook for Sears Holdings Corp. and J.C. Penney Co. Cohen, who was dismissed by previous management and now teaches at Columbia University’s business school, talks with Erik Schatzker and Sara Eisen on Bloomberg Television’s “Market Makers.” Cohen went so far as to call Eddie Lampert ‘ ruthless, methodical asset-stripper.” The full video is embedded below:
Further Reading-Eddie Lampert Blames ‘Tax Refunds, Cold weather, etc.’ for Weak Sears Sales
Gates Cap Management Reduces Risk After Rare Down Year
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy Read More
