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  1. #21
    MattKing's Avatar
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    Would anyone here disagree with the bonuses if they were only payable if all the creditors (including pensioners and current employees) received payment in full?
    Matt

    “Photography is a complex and fluid medium, and its many factors are not applied in simple sequence. Rather, the process may be likened to the art of the juggler in keeping many balls in the air at one time!”

    Ansel Adams, from the introduction to The Negative - The New Ansel Adams Photography Series / Book 2

  2. #22
    Ken Nadvornick's Avatar
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    Quote Originally Posted by jnanian View Post
    ...and it is really easy for someone
    who just reads newspaper articles, magazine articles and web fora to know better than
    the people actually making the decisions.
    Except that those newspaper articles, magazine articles, and web fora were in many cases created from one-on-one interviews or policy guidance statements given directly by the people actually making the decisions. Didn't have to read between the lines or speculate at all. They told us exactly where they were going to take the company. And they did just that. No surprises there.

    And as far as I know, those same people are still in charge—and still committed to the same vision and direction for the company that resulted in the bankruptcy filing in the first place. Now they just want additional compensation to keep them from jumping ship. It's as if the captain and officers of the Titanic had retreated to the stern of the ship, loudly threatening to quit if they didn't get an immediate raise. Go figure...

    Ken
    Last edited by Ken Nadvornick; 07-29-2012 at 03:09 PM. Click to view previous post history.
    "When making a portrait, my approach is quite the same as when I am portraying a rock. I do not wish to impose my personality upon the sitter, but, keeping myself open to receive reactions from his own special ego, record this with nothing added: except of course when I am working professionally, when money enters in,—then for a price, I become a liar..."

    — Edward Weston, Daybooks, Vol. II, February 2, 1932

  3. #23
    Ken Nadvornick's Avatar
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    Quote Originally Posted by MattKing View Post
    Would anyone here disagree with the bonuses if they were only payable if all the creditors (including pensioners and current employees) received payment in full?
    Yes, because ultimately that's not what those who would receive those bonuses were hired to do. They were hired to successfully oversee and manage the company through its transition into the digital marketplace. Agreeing with the above would be tantamount to conveniently (for them) redefining the finish line after the race had started.

    Ken
    "When making a portrait, my approach is quite the same as when I am portraying a rock. I do not wish to impose my personality upon the sitter, but, keeping myself open to receive reactions from his own special ego, record this with nothing added: except of course when I am working professionally, when money enters in,—then for a price, I become a liar..."

    — Edward Weston, Daybooks, Vol. II, February 2, 1932

  4. #24
    jnanian's Avatar
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    Quote Originally Posted by Ken Nadvornick View Post
    Except that those newspaper articles, magazine articles, and web fora were in many cases created from one-on-one interviews or policy guidance statements given directly by the people actually making the decisions. Didn't have to read between the lines or speculate at all. They told us exactly where they were going to take the company. And they did just that. No surprises there.

    And as far as I know, those same people are still in charge—and still committed to the same vision and direction for the company that resulted in the bankruptcy filing in the first place. Now they just want additional compensation to keep them from jumping ship. It's as if the captain and officers of the Titanic had retreated to the stern of the ship, loudly threatening to quit if they didn't get an immediate raise. Go figure...

    Ken
    hi ken

    i see what you are saying
    but the problem is that just because something is written
    by a company for public consumption doesn't really
    describe what is actually being done, and it leaves a lot as speculation.
    PE worked there for decades, and has no idea what the management is up to ...

    it seems like when a street "performer" sets up a card table, and asks the "contestant"
    to "find the lady" in the 3 cards that are being shuffled and mixed infront of him ..
    in the end it was all talk because the lady isn't really there ...

    i have heard speculation and ranting and raving
    about the management of kodak since before 2003, and it is the same as now ..

  5. #25
    Brian C. Miller's Avatar
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    Quote Originally Posted by Ken Nadvornick View Post
    They were hired to successfully oversee and manage the company through its transition into the digital marketplace.
    Agreeing to what sort of a digital marketplace is another question entirely. HP got bled from executives trying to "evolve" the company from a manufacturer into a brand. For a time, the only division generating a profit, propping up the rest of the company, was their mainframe divison. Not their printers, which were losing money hand-over-fist. And at the time the CEO was trying to kill off the mainframes.

    Polaroid has now become a brand, and there are now many "Polaroid" products entering the market with the Polaroid logo on them. This may well be Kodak's fate. I hope not, but I just don't know. Their losses are shrinking, but they aren't anywhere near generating a profit.

    I have been reading in the financial news that next year promises a slowdown. Not good for anybody, including Kodak.

  6. #26
    RattyMouse's Avatar
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    Quote Originally Posted by PKM-25 View Post
    So how does this make you feel then?

    Very very very angry.

  7. #27

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    Quote Originally Posted by Ian Grant View Post
    These Kodak executives have been fleecing the company for years, it wouldn't be allowed in most countries.

    Ian
    I don't think that's true. It happens all the time, everywhere, including where I live.

  8. #28
    Photo Engineer's Avatar
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    Maybe we should give them their bonuses in stock. Overvalue the stock and assume that under their leadership it will rise in value to meet what it was valued at!

    PE

  9. #29
    lxdude's Avatar
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    Quote Originally Posted by Photo Engineer View Post
    Maybe we should give them their bonuses in stock. Overvalue the stock and assume that under their leadership it will rise in value to meet what it was valued at!

    PE
    I do use a digital device in my photographic pursuits when necessary.
    When someone rags on me for using film, I use a middle digit, upraised.

  10. #30

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    Quote Originally Posted by RattyMouse View Post
    Very very very angry.
    A natural, healthy reaction. Now get that camera you want, shoot some film and join the leagues that have replaced that anger with empowerment, to make a statement both in artistic convention and in numerical stats that you are as committed to using film as the people who are not the executives who make it.

    The narrative of photos made with passion are going to be of far more value than those words born of speculation, in my opinion...
    "I'm the freak that shoots film. God bless the freaks!" ~ Mainecoonmaniac ~

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