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CBS Evening News - Kodak on the brink of bankruptcy

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Published on Jan 5, 2012 by

The stock price of the Kodak camera company fell below 50 cents a share. Anthony Mason looks at the iconic U.S. company formed in 1880, which now appears to be on its last legs.

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  • Once a great company now being run into the ground by Carpetbagger Management. Fisher came in and said how I can drive large bonus for myself. I know lets fire every senior employee making decent money. This resulted in a large sort term profit- he made millions and left. Kodak needs young inventors who are honest and hard working. Kodak can be great again but they will need dynamic management to get there.

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