Web Analytics RiceHigh's Pentax Blog: Wall Street Journal Reports Kodak Bankruptcy Soon to Happen

Thursday, January 05, 2012

Wall Street Journal Reports Kodak Bankruptcy Soon to Happen

The attempt to sell its assets (intangible or not) have been failed. Kodak might file for bankruptcy in coming weeks, very shortly, Wall Street Journal reports!

http://online.wsj.com/article/SB10001424052970203471004577140841495542810.html

http://blogs.wsj.com/marketbeat/2012/01/04/eastman-kodak-shares-hammered-on-bankruptcy-report/

Via Yahoo News

Oh, well.. It's quite sad after all. But the bad management of the company in the past ten years must be blamed, for their poor insight and market insensitivity and thus all the very wrong marketing decisions that had been made.


Previous Stories:-

Kodak has Sold its Image Sensor Business

Kodak on Verge of Bankruptcy?