There have been many
tragedies of economic malaise in the last five years. Kodak’s recent filing for
Chapter 11 bankruptcy seems especially sad; and it is only fitting that we
pause for a moment to pay our respects.
According to an
article in The Wall Street Journal by Mike Spector, Dana Mattioli and Peg
Brickley on
January 20, “Kodak's board, meeting by telephone, voted to seek bankruptcy
protection at 4:48 p.m. Wednesday after a 75-minute discussion of the company’s
position, a person familiar with the matter said. The company filed the
documents shortly after midnight.”
Then, as if the laws
of nature endeavored to pour salt in the wound – and our collective memories –
the venerable 132-year old icon of American hard work and innovation announced
it was going to stop making cameras… http://www.thetentacle.com/ShowArticle.cfm?mydocid=4921
*****
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