Kodak Series: 5 Things To Know About KRIP (Kodak Retirement Income Plan)
Published February 21, 2012 19088 Views
We've had thousands of people asking us questions about KRIP. Mostly, these questions are some form of 'is my pension safe during Kodak's bankruptcy?' In this spirit, here are 5 things to know about KRIP:
The Pension is Funded. Pension funding is given by Kodak to a trust. The trust is a separ...
What Goes Around
Published February 17, 2012 6283 Views
Last October an Ohio company, Collins Ink, made local headlines by halting shipments of its product to Kodak, citing concern about the impact to Collins of a Kodak bankruptcy. After a quick trip to Federal court, Collins and Kodak agreed to resume their relationship and Collins dropped from the head...
Kodak Rumors
Published February 16, 2012 6936 Views
Information cycles as Kodak moves through bankruptcy can drive us all a little wild with frustration and anxiety. Trying to understand what will happen with Kodak is like walking through an oddly mercurial landscape that switches instantly from a desert to a lush valley and back again. We get no inf...
Kodak Bankruptcy Questions - Kodak Bankruptcy Answers
Published February 16, 2012 6429 Views
We've spoken with thousands of Kodak employees and retirees over the past month. In an effort to continue to be a source of useful information, expertise and opinion, we are starting a Kodak blog series today that will continue until there is nothing left to say about Kodak's bankruptcy.
The firs...
Today's Kodak Hearing
Published February 15, 2012 6353 Views
As we blogged about yesterday, Kodak is in bankruptcy court today where a good amount of information about what this bankruptcy will be like ought to be revealed. The hearing began at 11:00 a.m. and the first news coming out today has been about Apple's request of the court to go forward with patent...
Risk
Published February 15, 2012 6628 Views
"Risk means more things can happen than will happen." - Elroy Dimson
"Investing consists of exactly one thing : dealing with the future. And because none of us can know the future with certainty, risk is inescapable. Thus, dealing with risk is an essential-I think the essential-element in investi...
Kodak's (Next) Day in Court
Published February 14, 2012 6292 Views
On Wednesday February 15th, Eastman Kodak's lawyers will be back in court in Manhattan. The topic on this trip to court will be Kodak's request to pay some of its creditors ahead of others. This is a big deal to everyone involved in the Kodak bankruptcy. Every dollar paid to one creditor may be a d...
As Good As It Gets?
Published February 14, 2012 6875 Views
Recently my DVD player abruptly stopped working after a decade of service. Without another DVD player handy, I was relegated to watching VHS movies on my VCR from college. Over the past few days, I've watched As Good as It Gets.
Near the climax of the story there's a dialogue between two of the m...
Who Do You Trust?
Published February 13, 2012 6589 Views
The S&P 500 is near post-financial-crisis highs. The 10-year yield on U.S. Treasury's is near post-crisis lows. The former points to confidence and growth potential. The latter points to extreme risk aversion. The question is: who are you going to trust? The preponderance of the evidence, I believe,...
College Years: Debt, Value, Education
Published February 9, 2012 6447 Views
In yesterday's D&C business section there was an article that compared the current state of student debt to the mortgage crisis before that bubble burst. The long and short of that crisis was that consumers took on too much mortgage debt on inflated home prices. The subsequent decline in investment...