Kodak is in a bad position. There is talk they will file for Chapter 11 bankruptcy in the not too distant future. The company that was one of the DOW 30 years ago is now in danger of being de-listed on the stock exchange because it's stock price closed at "37 cents" on Friday. In the past two weeks, three members of the Board of Directors resigned and the head of Corporate Communications resigned this past Thursday.
It's a bitter pill for the Rochester area. In it's heyday, EK employed around 60,000 people. Now it's probably less than 7,000. Kodak missed the boat on the digital era even though they invented a digital camera back in 1975.

Those were the good old days around here...