Lambert drove Sears into the ground, and only after they file BK does he finally step down, something that he should have done years ago.
I have watched Lampert just totally ride Sears and KMart all the way down the flusher. From my admitted non-professional position, it sure does seem that Lampert never really sought to try and do anything more than quick fixes based upon short-term goals which might result in more financing options. The reality is, it seems, is that Lampert played this thing until he wrung out every last financial drop like a squeezed turnip and no one would give him anymore credit.