Eddie Lampert Has Just Become a 2020 Presidential Campaign Issue

Jan. 31, 2019, 12:11 PM UTC

Eddie Lampert, welcome to the 2020 campaign.

Senator Elizabeth Warren, a possible Democratic presidential candidate, slammed Lampert in a letter dated Jan. 30, citing the “inherent conflicts of interest’’ in the hedge fund manager’s takeover of bankrupt Sears Holdings Corp.

Eddie Lampert
Photographer: Gustavo Caballero/Getty Images

Warren calling out a billionaire isn’t necessarily surprising—she’s proposed a tax on the super-wealthy and describes herself as a champion of America’s middle class. What’s unusual is that Lampert made saving thousands of jobs a centerpiece of his winning bid for parts of the 126-year-old retail icon.

In the letter to Lampert, who ran the company until last year ...

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