Thursday, January 19, 2012

Say it ain't so: Kodak Files for Bankruptcy Protection

OK, folks this is not good. From today's Wall Street Journal:

Eastman Kodak Co. filed for Chapter 11 bankruptcy protection in New York early Thursday morning, after the struggling photography icon ran short on cash needed to fund a long-sputtering turnaround.

1 comment:

  1. The company which gave the concept of photography will cease to exist.This raises an important topic of whether technology and tradition can go hand in hand with technical innovations flying faster than the speed of light it has become difficult for even humans to keep up pace with it.No doubt a company of the caliber of Kodak has given up.I remember the old negatives and the Kodak cameras that we used to have.Some of the best memories of my life are inked in Kodak.