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WHEN: Today, Wednesday, April 4, 2012
WHERE: CNBC’s “ Squawk Box ”
Following are excerpts from the unofficial transcript of a CNBC EXCLUSIVE interview with Eddie Lampert, Founder of ESL Partners and Chairman of Sears Holdings, today on CNBC’s “Squawk Box” (M-F, 6-9am ET). All references must be sourced to CNBC.
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LAMPERT ON RISK:“I THINK RISK IS COMING BACK INTO THE MARKETS. I THINK PEOPLE ARE WILLING TO PUT THEIR MONEY AT RISK. THEY WANT A RETURN ON MONEY RATHER THAN JUST WORRYING ABOUT A RETURN OF THEIR MONEY. YOU'RE STARTING TO SEE THIS. LOW INTEREST RATES ARE HAVING AN IMPACT. PEOPLE ARE TIRED OF NOT MAKING ANY MONEY AS THE MARKETS GO UP IT SORT OF BRINGS OTHER PEOPLE BACK INTO THE MARKETS.”
LAMPERT ON REGULATION:
“I'M NOT A BIG REGULATION FAN. WHEN I THINK ABOUT WHAT’S COMING POTENTIALLY WITH HEALTH CARE IT'S HARD TO REALLY MAKE SENSE FOR A LARGE COMPANY WITH A LARGE POPULATION OF WORKERS. WHAT DOES IT REALLY MEAN? WHAT ARE THE RULES GOING TO BE? HOW MANY DIFFERENT ITERATIONS ARE THERE GOING BE? SO I THINK THAT UNCERTAINTY ONE WAY OR THE OTHER I THINK WILL BE HELPFUL IN LETTING BUSINESSES MOVE FORWARD.”
LAMPERT ON INVESTING ABROAD:
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