After Eddie Lampert’s ESL Investments who’s the next biggest shareholder in Sears Holdings?  An outfit called Fairholme.  It was created, and is still run by Bruce R. Berkowitz.

Berkowitz used to work for Lehman Brothers, you know the outfit credited with starting the recession in 2008.  He was also managing director of Smith Barney, a ‘financial services’ company that went through numerous ownership changes including CitiGroup, who sold off Smith Barney to Morgan Stanely in 2009.

On 22 January 2015, Sears Holdings (SHLD) announced they’ve hired on a new senior vice president, Philip J. Keough the 4th.  SHLD also announced Keough was their new president of pharmacy at Kmart.

What’s the significance?  Keough has worked for CVS, RiteAid and created his own Keoco pharmacy consulting company, but in his last pharmacy job he oversaw the selloff of Millennium Pharmacy Systems in September 2014.  Portent of things to come for Sears-Kmart?

update, 21 January 2015: Sex Trafficking & Property Deals!