Kodak Declares Chapter 11 bankruptcy

[Early Riser]

http://dealbook.nytimes.com/2012/01/...bankruptcy/?hp

[CGW]

Perhaps this and other related threads can be merged? It's just going to amount to a book of condolences. How many more post mortems do we need?

[Roger Cole]

Post mortem? Who's dead? Certainly not Kodak, not yet anyway. Chapter 11 is not death.

[Hatchetman]

Jeez, finally. Now hopefully they can get this mess cleaned up.

[Roger Cole]

Jeez, finally. Now hopefully they can get this mess cleaned up.

Exactly. This doesn't mean Kodak film is out of the woods, of course, but if it is going to get out of the woods, this had to happen. The alternative was dying. Now it might, maybe, live.

[keithwms]

Good to see some legal progress being made. Chp 11 is good for Kodak.

[Rich Ullsmith]

I'm sure the pensioners and bondholders are thrilled (not). It's going to be a helluva garage sale!

[paul ron]

Well start buying up all the film your fridge can hold guys... otherwise lets just go support another film company?

Last man standing is the winner!

[Ross Chambers]

6 days ago "The Economist" published this:

http://www.economist.com/node/21542796

I worry that, like Australia who these days digs up the country and ships it out and calls financial services an industry, USA has just lost or attenuated her cleverness? From this article it seems that Fujifilm has weathered the storm rather better than Kodak.

[keithwms]

6 days ago "The Economist" published this:

http://www.economist.com/node/21542796

I worry that, like Australia who these days digs up the country and ships it out and calls financial services an industry, USA has just lost or attenuated her cleverness? From this article it seems that Fujifilm has weathered the storm rather better than Kodak.

Easy, now! This isn't about America as a whole, it's about Kodak. Unless certain unreasonable politicians have their way, we're not headed to national default anytime soon.