Sears sues Eddie Lampert for looting company Sears accuses its former CEO Eddie Lampert of stealing billions of dollars from the once-storied retailer. Sears Holdings filed for bankruptcy in October, after years of losses under Lampert,

Risky Company Debt Is Getting Riskier

via bloomberg: Protections built into loans and bonds are being steadily eroded, but investors keep buying. One night in 1982, a group of bankers from Drexel Burnham Lambert gathered at the Quilted Giraffe,