Mama don't take my Kodachrome away....
Jan. 19th, 2012 06:06 amWe'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.