Sears Holdings (SHLD) bucks another trend
Read the full article at: http://berkshireruminations.blogspot.com/2006/12/sears-holdings-part-2.html
Submitted by Jason on Thu, 2006-12-28 11:32.
(via berkshireruminations.blogspot.com)
Andy Kern over at Berkshire Ruminations writes on the recent changes that Eddie Lampert & Co. have had at the newly formed Sears Holdings (SHLD). Within months of his takeover, Lampert has abandoned hosting quarterly conference calls, writing quarterly letters to shareholders and providing earnings guidance. Is this showing an alignment of interests with long-term shareholders or simply that management doesn't want to be held accountable?
