I hail from the Midwest. When I was growing up, family friends and relatives would occasionally gather for a potluck dinner. As we well know, this ritual asks that each person contribute a dish of food; dinner becomes the luck of the draw, and a lucky surprise, if you are lucky.
In my sentimental frame of mind, I thought this was a great metaphor for the potluck of one-liners that Eddie Lampert, Chairman and CEO of Sears Holding, has spewed out in annual meetings, been quoted in the media, and letters/papers he has written over the past decade. And they are … well, surprising.
Following are just some random picks out of the hundreds of quips and comments he has made — mostly as deflections from the reality of how he has been sinking the Titanic over the past decade. [Read more…]