COMMENT ON THE IDEA OF WHY SEARS IS FAILING
It has nothing to do with "blood-sucking."
It's just poor, unimaginative management.
Buying your own shares is just proof that the management
does not know what to do, what to invest in, so they buy their shares and boost
the price of their shares - something which temporarily hides management's lack
of drive and competence.
This is just one example of why the stock market, over the
short term, is not indicative of economic health.
Just as great tycoon families generally go into decline by
the third generation, just so once-great companies.
