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Old 02-13-2012, 11:51 PM   #11
amandahoward
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I was browsing other webpages when I stumbled here. Last January 19, 2012, the company filed for bankruptcy. As far as I know, the american legend had tried a number of turnaround strategies and cost-cutting efforts in recent years, but the company which since 2004 has reported only one full year of profit, ran out of cash. I believe they should have filed for loan such as [inappropriate link removed] so that the company is saved. Moreover, if pundits and experts are to be believed, the reason is very simple. Kodak missed the digital revolution in photography. It did not go digital fast enough. What do you think?

Last edited by Steve Rindsberg; 02-14-2012 at 07:51 AM. Reason: Removed inappropriate link to a personal loan site
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