Saturday, December 19, 2015

Ayn-Rand Loving CEA ran SEARS into the ground.

http://www.salon.com/2013/12/10/ayn_rand_loving_ceo_destroys_his_empire_partner/

Once upon a time, hedge fund manager Eddie Lampert was living a Wall Street fairy tale. His fairy godmother was Ayn Rand, the dashing diva of free-market ideology whose quirky economic notions would transform him into a glamorous business hero.
For a while, it seemed to work like a charm. Pundits called him the “Steve Jobs of the investment world.” The new Warren Buffett. By 2006 he was flying high, the richest man in Connecticut, managing over $15 billion thorough his hedge fund, ESL Investments.

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