Eddie lamperts kidnapping

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Bungled kidnapping. In January , as Lampert was working on Kmart's reorganization plan, he was forced into the back seat of a Ford SUV at the garage of his Greenwich, Conn., office building.

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Few people on Wall Street are as polarizing as Eddie Lampert, the billionaire majority shareholder of Sears and Kmart. His friends say he is reticent, while his critics find him aloof.

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The kidnappers brandished a shotgun, used Lampert’s credit card to buy pizza and attempted to negotiate the terms of his release. They freed Lampert after he agreed to pay a $5 million ransom.

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In , Lampert was kidnapped from the parking lot of his Greenwich office but persuaded his captors to let him go after two days of captivity by promising to pay them a ransom. [2] Lampert is a self-proclaimed supporter of free market economics and is a fan of Objectivism writer Ayn Rand. [32].

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They had settled on kidnapping Eddie Lampert, who had made a name for himself as of late due to his involvement in Kmart. The four men forced Lampert into their vehicle, and then took the hedge fund manager to a hotel and tied him up. He would sit in a bathtub for days, unable to move.

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Edward S. Lampert, a prominent hedge fund manager, was nabbed in an underground parking garage in downtown Greenwich and forced into a rented Ford Expedition. Mr. Lampert, who runs ESL.

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Edward S Lampert, Greenwich, Conn, money manager regarded as one of nation's most successful investors, is kidnapped, held for more than 30 hours and released unharmed; FBI takes three men, whose.