captainsblog: (Default)
[personal profile] captainsblog

We'd heard it was going to be February 1st.

We were wrong.

Eastman Kodak Co, which invented the hand-held camera and helped bring the world the first pictures from the moon, has filed for bankruptcy protection, capping a prolonged plunge for one of America's best-known companies.

The more than 130-year-old photographic film pioneer, which had tried to restructure to become a seller of consumer products like cameras, said it had also obtained a $950 million, 18-month credit facility from Citigroup to keep it going

The AP version of the story, with a bit less detail, is datelined Rochester, but the case was filed in Manhattan (where I can at least represent creditors), and as of 6 a.m., this is what the front page of the newspaper of record in its home town had to say about it:



Yup- real estate and Deal Chickens.

Good thing we saved the Interwebs yesterday, huh.

Date: 2012-01-20 01:26 am (UTC)
From: [identity profile] nentikobe.livejournal.com
Sigh.

Those little yellow canisters and boxes were all over my house when I was a kid.

Profile

captainsblog: (Default)
captainsblog

May 2025

S M T W T F S
    123
45678910
11121314151617
18192021222324
25 262728293031

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Feb. 6th, 2026 01:33 pm
Powered by Dreamwidth Studios