And This, My Friends, Sums Up The Disaster of a Solution in Greece
Published February 23, 2012 7579 Views
Investors presumably choose fixed-income strategies in an effort to help guarantee safety in exchange for upside gains. If that safety is deemed arbitrary--if a central bank is able to subordinate other investors of that very same security--then that, my friends, is a default regardless of snazzy se...
The Fed - Minutes From FOMC
Published February 22, 2012 6875 Views
Last week the Federal Open Market Committee, the part of The Fed that acts in investment markets to execute monetary policy, released the minutes of their most recent meeting. According to Bloomberg, the participants were divided on key issues. While the Fed noted improved economic data, they are in...
Kodak Series: 5 Things To Know About KRIP (Kodak Retirement Income Plan)
Published February 21, 2012 20018 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 6818 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 7421 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 6918 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 6888 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 7111 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 6764 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 7418 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...