
FILE- In this Nov. 17, 2004, file photo Kmart chairman Edward Lampert listens during a news conference to announce the merger of Kmart and Sears in New York. As Sears teeters on the brink of collapse, there’s one man at the center of the fight for the future of the iconic retailer. Lampert plays several, often conflicting, roles in what could be the final chapter for the company that began as a mail order watch business 132 years ago. He’s been chairman, CEO, landlord, lender, and largest shareholder all at the same time. If the company survives, he wins. If it ends up liquidating, he also wins. (AP Photo/Gregory Bull, File)
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