Frank Helps Celebrate Kodak NYSE Re-listing
Frank joins us from the New York Stock Exchange floor where he was invited to celebrate Kodak being re-listed on the exchange. He talks about the job Antonio Perez did in guiding the company through bankruptcy and re-inventing itself.
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Discussion
By Joe Webb on Jan 29, 2014
The big story is NOT Kodak's re-listing. It's Frank Romano wearing a tie!
By Gordon Pritchard on Jan 29, 2014
An interesting take on Kodak - but one I don't think is shared by many, especially those who worked at the company. Here's a different view on the subject:
http://www.fool.com/investing/general/2012/01/20/eastman-kodak-how-a-ceo-destroys-an-icon.aspx
By Ira Goldman on Jan 30, 2014
Gordon is absolutely correct, Kodak did have problems when Perez arrived but that is not the reason they went into bankruptcy. After he took over the company over invested in multiple programs that did not deliver. If they had focused on one until it was successful, they would have had the cash to survive.