well-temperedforum.groupee.net    The Well-Tempered Forum  Hop To Forum Categories  Off Key    Kodak loan deal on hold

Moderators: QuirtEvans, pianojuggler, wtg
Go
New
Find
Notify
Tools
Reply
  
Kodak loan deal on hold
 Login/Join
 
wtg
Has Achieved Nirvana
Picture of wtg
posted
quote:
The federal agency that announced a $765 million loan to Eastman Kodak Co. less than two weeks ago said the offer is on hold pending probes into allegations of wrongdoing.

“Recent allegations of wrongdoing raise serious concerns,” the U.S. International Development Finance Corporation said in a tweet Friday night. “We will not proceed any further unless these allegations are cleared.” Congress and the Securities and Exchange Commission are investigating the deal, and Kodak’s board said Friday it is also opening a review of the loan disclosure.


https://finance.yahoo.com/news...-loan-210926833.html


--------------------------------
When the world wearies and society ceases to satisfy, there is always the garden - Minnie Aumônier

 
Posts: 38222 | Location: Somewhere in the middle | Registered: 19 January 2010Reply With QuoteReport This Post
Steve Miller
Has Achieved Nirvana
Picture of Steve Miller
posted Hide Post
Who knew Kodak was still in business? Confused


--------------------------------
Life is short. Play with your dog.

 
Posts: 35084 | Location: Hooterville, OH | Registered: 23 April 2005Reply With QuoteReport This Post
Jack Frost
Minor Deity
Picture of Jack Frost
posted Hide Post
Some fortunes were made and lost on Kodak stock recently!

jf


--------------------------------
Be calm, be brave, it'll be okay.

 
Posts: 17733 | Location: Maine | Registered: 20 April 2005Reply With QuoteReport This Post
Piano*Dad
"I've got morons on my team."

Mitt Romney
Minor Deity
Picture of Piano*Dad
posted Hide Post
Not me!

Not one I owned ... well, I suppose it might be a tiny part of some fund here or there. But I certainly didn't have any specific shares in it.
 
Posts: 12759 | Location: Williamsburg, VA | Registered: 19 July 2005Reply With QuoteReport This Post
Steve Miller
Has Achieved Nirvana
Picture of Steve Miller
posted Hide Post
Kodak has 1200 employees and one scroungy building in upstate New York. How does anyone justify giving them $765 mil ?

The kickback percentage must be breathtaking. Where is it going?


--------------------------------
Life is short. Play with your dog.

 
Posts: 35084 | Location: Hooterville, OH | Registered: 23 April 2005Reply With QuoteReport This Post
  Powered by Social Strata  
 

    well-temperedforum.groupee.net    The Well-Tempered Forum  Hop To Forum Categories  Off Key    Kodak loan deal on hold