Icahn says he's 'taking a look' at bonds of bankrupt Sears

Carl Icahn said he was looking at bonds of Sears, the classic American retailer which just filed for bankruptcy, but had yet to take a position.

"Obviously there's a lot of problems there and, you know, now it's in bankruptcy and maybe some of the bonds will be interesting – we're taking a look at some of them," Icahn said Monday on CNBC's Halftime Report.

Sears, once one of the nation's largest retailers, filed for bankruptcy early Monday morning. Eddie Lampert stepped down as CEO, after leading the company for five years and personally investing billions of his own money into the sinking retailer.

"I know Eddie Lampert a little bit. He's a smart guy," Icahn added.

This is breaking news. Please check back for updates.

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