Williams-Sonoma CEO one of growing number selling on margin calls(0)
Most of us have shared certain economic hardships recently — high gas prices, falling home values, diminished 401(k) balances. A subset of us have been dealing with foreclosures and job losses, problems that many of us can easily empathize with. Here’s one that may take a bit more of an imaginative leap: the margin call.
This week Howard Lester, the chief executive of Williams-Sonoma (ticker:WSM), the San Francisco-based retailer of deluxe goodies for our kitchens, living rooms, bath rooms and nurseries, was forced to sell Read the rest of this entry »
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