Quantcast
Connect with us

Trump slams ‘obviously improperly run’ Sears — which his Treasury Secretary ran for more than a decade

Published

on

President Donald Trump slammed the management of Sears Holding Corp. after the longtime retailer filed for bankruptcy protection on Monday.

“Sears has been dying for many years,” Trump told reporters while departing for a tour of the damage wrecked by Hurricane Michael.

“It’s been obviously improperly run for many years and it’s a shame,” Trump added.

ADVERTISEMENT

As Bloomberg News reported Monday, Secretary of the Treasury Steven Mnuchin was a member of the company’s board of directors from 2005 until after the presidential election in 2016.

Sears’ Chairman Eddie Lampert was Mnuchin’s college roommate and attended his confirmation hearing in January of 2017.

During his confirmation, Mnuchin said Sears “was already a failing issue” prior to Lampert’s investment in the company.

Mnuchin invested $26 million in Lampert’s hedge fund.

“Somebody that is of my generation, Sears Roebuck was a big deal,” Trump said. “So it’s very sad to see.”

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

House Intelligence report on Trump is scathing — but does anyone really care?

Published

on

On Wednesday of last week, the House Intelligence Committee issued its impeachment report on President Trump. The facts are clear. Trump has engaged in obstruction of justice, abuse of power and other high crimes and misdemeanors in his effort to extort or bribe the government of Ukraine into aiding him in the 2020 presidential election. Donald Trump also usurped the power of Congress to allocate public money in the form of military aid to Ukraine. Trump has also repeatedly invited foreign countries to interfere in America’s elections on his behalf.
Continue Reading

Breaking Banner

‘Giuliani did all the wrong things’ on 9/11: Investigative reporter Wayne Barrett

Published

on

Janine Jackson interviewed the Village Voice’s Wayne Barrett about Rudy Giuliani and 9/11 for the August 17, 2007, episode of CounterSpin; that conversation was rebroadcast for the November 29, 2019, show. This is a lightly edited transcript.

[audio mp3="https://www.rawstory.com/wp-content/uploads/2019/12/CounterSpin191129Barrett.mp3"][/audio]

Continue Reading
 

Breaking Banner

Saturday Night Live mocks Trump as an unpopular high school dork after disastrous NATO Summit

Published

on

NBC's "Saturday Night Live" on Saturday ridiculed President Donald Trump after he was laughed at by world leaders during a NATO Summit in London.

The skit featured Canadian Prime Minister Justin Trudeau and French President Emanuel Macron as the cool kids at the NATO cafeteria, while U.K. Prime Minister Boris Johnson attempts to join their cliche.

Trump asked to sit at their table, but they suggested he sit with Latvia.

They said the seat was for German Chancellor Angela Merkel, who was then invited to join the cool kids table.

The skit included Johnson taping an "impeach me" sign to Trump's back.

Continue Reading