Sears is trading below the price of the merger with K Mart and the stock is down substantially from its high. Investors expecting continued great things at Sears have been disappointed by the latest investment maneuvers such as the current effort to acquire Restoration Hardware as well as Sears's recent earnings. prospects also look troubling given the current housing crisis. For investors what matters is what the stock will do and the near term prognosis is not too good. I don't blame the CEO but there is a problem when people jump into a stock with too much confidence in the CEO-- paying "the Lampert premium" cost some investors dearly. The lesson for investors is that following celebrity CEOs is dangerous.

Many items on Eddie lampert and other billionaire investors are available in the Billionaire Watch section (yellow label, top) at http://www.Barrelomoney.com.

I vote for Lampert. Buffet buys undervalued companies, Eddie buys companines and devalues them. Since when is what is good for Eddie's pocketbook okay when it's bad for America and a company with thousands and thousands of employees? The capitalist system only works when we can trust our leaders. Eddie and his like are leading the American economy into a very dangerous path. Eddie's plan is like a neutron bomb: kill all the people and leave the buildings standing. Exactly who is that going to benefit????

Eddie is not the CEO!

Okay, Pete, and your point is??? Eddie controls it all, including the payoff to Alan Lacy to sell out Sears and the shell game he played during the Kmart Sears merger. Alywin Lewis is his fall guy.

I have noticed that every day more custumers are parking at the Sears stores and shopping in other stores?Easy parking?
Wake up Sears or will be another Mongomery Wards??? Become the Sears it used to be and love.

I have been following the Sears and kmart merger.
I think the stores have improved. As for retailing I think they have improved 100% at the Sears Store. Landsend looks like another Department store within Sears in the Ladies Dept. also the introduction of the Levi Store inside Sears looks cool and from what I saw when I was there people were buying a lot of clothing. I bought all of our appliances at Sears. We shopped other retailers. Went to Lowes No one even talked to us. Home Depot was OK but the Salesperson didn't know anything about the products. And Best buy that was a joke. So all I know Sears is still an American Icon taking care of customers for over 100 years. I have family that works at Sears and what Eddie Lampert needs to do is stop looking at profits and look at his loyal employees. Forcing people to retire taken away their pentions was a really bad move. Also I notice a lot of Part Time people are also being hired so they do not have to pay any benefits at all that is a poor way to make and show a profit. If you want loyal employees take care of them. That is all I have to say.

I recently had to shop at a Sears store and found a poorly lit dirty poorly kept and completely obsolete store. I think Mr. Lampert needs an education in proper retailing techniques..

Good catch there Pete, but anyone/everyone knows I think, that Eddie controls it all, and Alvin--oops Alywin is only a figure head with no real authority or input into the running of the company.
Zack should have correctly named his position/title, As Chairman, and I guess he doesn't get the CEO award then?