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    2 replies to "Eastman Kodak (EK) Will Go Bankrupt"

    • End of an Icon: Kodak Prepares to File For Bankruptcy
      January 6, 2012

      […] In more recent fil­ings, I noted that the com­pany men­tions: “The remea­sure­ment of the funded sta­tus of those plans increased the Company’s rec­og­nized defined ben­e­fit and other postre­tire­ment ben­e­fit plan oblig­a­tion by $9 mil­lion.” The “remea­sure­ment” of oblig­a­tions means that the under­funded deficit of $2.6 bil­lon is likely to get larger, not smaller, as the pre­vi­ously ques­tion­able assump­tions are rectified.Source: newconstructs.com […]

    • Fadi El-Eter
      January 13, 2012

      Kodak’s product based business (the one producing cameras and the likes) is losing them money. Their service/consultancy business is making the money. I wonder what they’ll do with the latter.

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