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  • If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low? [View article]

    Good article. You make many valid points here. I believe that technology and the great recession are major factors in the weak job market. However, lack of optimism about our current government is probably a larger factor. The current resident of the White House invented Obamacare (a disaster for our economy), and is clearly not a fan of capitalism.
    Sep 8 11:29 AM | 3 Likes Like |Link to Comment
  • Consumers Are Not Buying, Where Is Their Money Hiding? [View article]
    I know people in their 50s and early 60s that have been looking for a full time job for more than 2 years, with no results. Twenty years ago, there would have been jobs for them. Now, some of these workers have taken on part time work or retired; this is just one example of our low labor participation situation.
    Aug 19 11:40 AM | 2 Likes Like |Link to Comment
  • Detroit In Chapter 9: Orr Plays Hardball [View article]
    Detroit is a fine example of what happens when their chosen political party has complete control of government year after year after year. Unfortunately this single party control (d) is becoming the rule in many of our cities lately.
    Mar 28 10:42 AM | 1 Like Like |Link to Comment
  • The Damage Done [View article]
    The real damage is, and will be, done by our out of control spending, not by a overly hyped debt limit debate!
    Oct 18 05:15 PM | 1 Like Like |Link to Comment
  • Kodak Seeks Approval for $406 Million Rights Offering, including Backstop Equity Commitment from Creditors [View article]
    What about bondholders? Does anyone following this saga have a grasp on what bondholders might expect?
    Jun 19 05:19 PM | Likes Like |Link to Comment
  • Kodak and Lenders Close Financing Agreement [View article]
    Ok, what does all of this legal speak mean for us Kodak bond holders? Does this mean anything to us at all?

    When will we have some idea what we get back, as a result of the bankruptcy?:
    Mar 23 02:13 PM | Likes Like |Link to Comment
  • Kodak's CEO Prioritizes His Compensation Even Amid Bankruptcy [View article]
    Why would any financial institution give even a cent to Kodak as long as Perez is in charge. Perez has made nothing but bad decisions in past months. What was his last good decision? I don't know of any. Perez represents everything that is disfunctional about American businesses. He should write personal checks to creditors, bondholders and stockholders, not be rewarded for continuing to rip them off.
    Nov 16 10:37 AM | Likes Like |Link to Comment
  • Eastman Kodak (EKDKQ.PK) has reached a deal with a retirees committee to resolve the bankrupt company's retiree health care and survivor benefits liabilities, which surpass $1.2B and cost Kodak $10M/month. Kodak will provide the committee with a $7.5M cash payment, a $635M unsecured claim, and a $15M administrative claim to make payments to retirees. The deal has the support of Kodak's creditors committee. [View news story]
    When do the bondholders find out how badly we are going to get shafted?
    Oct 10 09:12 PM | Likes Like |Link to Comment
  • Eastman Kodak (EKDKQ.PK) will stop selling consumer inkjet printers in 2013 as part of its efforts to focus on commercial solutions. Kodak's move comes shortly after Lexmark announced plans to abandon the inkjet market, which has been hit hard by the adoption of online/mobile photo viewing. H-P (HPQ), whose printing division is posting revenue declines, stands to benefit from Kodak and Lexmark's moves. Separately, Kodak is asking a bankruptcy court to give it until Feb. 28 to file a restructuring plan. [View news story]
    No film, no printers, no decent offer for is Kodak going to make its comeback?
    Sep 28 01:41 PM | 1 Like Like |Link to Comment
  • Unsurprisingly, Eastman Kodak (EKDKQ.PK) is extending the deadline for bidding on its patent portfolio. The first round of bids from two consortia of tech companies proved fairly disappointing[View news story]
    No surprise here........the result of everything Kodak has done over the past 2 years has been, at best, fairly disappointing.

    It appears that bond holders will end up with a big loss.
    Aug 13 10:15 PM | Likes Like |Link to Comment
  • Microsoft And Apple Working Together: Patent Hysteria Returns Over Kodak Auction [View article]
    Lots of questions here. The big question is.............Is this a real acution, or is the fix in place? Will the amount of the final bid be enough for Kodak to return 50% or more to bondholders?

    Why are there only two bidders? What is the latest estimate of what the patents will bring?
    Aug 2 09:45 AM | Likes Like |Link to Comment
  • Two consortiums are bidding on Eastman Kodak's (EKDKQ.PK) 1,100 patents, the WSJ reports. One features Apple (AAPL), Microsoft (MSFT), and patent troll Intellectual Ventures. Another features Android partners Google (GOOG), Samsung (SSNLF.PK), LG, and HTC, along with RPX (RPXC). Bids are due on Monday. The report comes after the ITC dismissed a Kodak suit related to an image-preview patent, and Apple lost a bid to move a separate Kodak suit out of bankruptcy court.  [View news story]
    Once again, investors (bondholders) appear to be the big losers, while Apple gets richer by using their wealth and their lawyers to walk away with the essence of Kodak while paying peanuts for what they take.

    Ordinary American institutions and individual bondholers get screwed again by the courts and the bankruptcy system in this country.
    Jul 29 05:07 PM | Likes Like |Link to Comment
  • Kodak (EKDKQ.PK) files an emergence performance plan with a bankruptcy court in New York that spells out potential compensation for its management team. At last look, the company had $574M in cash and was showing close to a $20M per month loss, although it has been cleared to sell patents and start the process of paying off creditors. [View news story]
    Has Apple finally given up on picking the bones of Kodak and its bondholders?

    How much will Kodak actually get for its patents?

    Is there any chance that stockholders will recover any cash?

    How are things looking for the bondholders at this point? Will they recover 50 cents on the dollar, or will it be less?
    Jul 11 03:34 PM | Likes Like |Link to Comment
  • Apple (AAPL) continues to try to buy time in its patent dispute with Eastman Kodak (EKDKQ.PK). On Thursday, the company asked a judge to have bankrupt Kodak's patent infringement suit reviewed by a jury in a federal district court, rather than by a judge in a federal bankruptcy court. That, in turn, could derail Kodak's plans to auction its patent portfolio in early August. Kodak, which received an unfavorable ITC ruling in May, recently sued Apple for attempting to interfere with its patent sale.  [View news story]
    Why is Apple, who has more money than the US Treasury ,so focused in destroying Kodak? In the process, they will deny EK bondholders of any chance to recover a decent share of their investment. When all is said and done, Apple will be stealing this money from EK and their bondholders. Then, the money will probably go to some liberal charity. Then, Apple execs can brag about how good and kind Apple and its management is.
    Jun 22 05:05 PM | Likes Like |Link to Comment
  • Bankrupt Eastman Kodak (EKDKQ.PK) is seeking expressions of interest for its patent portfolio ahead of a sale that some think could fetch over $2B. Major tech companies are expected to be among the bidders. However, the final price could depend heavily on the outcome of Kodak's ITC complaints against Apple (AAPL) and Research In Motion (RIMM); a ruling is due on May 21.  [View news story]

    That is good information!

    Lets assume that you buy unsecured notes, due 2013 now at 26 cents. How long would you wait to find out what your return is going to be?

    Once the dust settles on bankruptcy, would you be receive cash, shares or the "new" Kodak, or both?

    I have just a few of these seven and a quarter %; due 2013 notes that I bought just before bankruptcy; I am considering picking up a few more.
    May 15 11:34 AM | Likes Like |Link to Comment