Kodak is crashing but executives stay focused on the next new stock options scheme
The company is a mess of red flags like firing their auditor and evading their look at internal controls
What happened to Eastman Kodak?
This Rochester, NY, iconic brand, founded in 1881 by George Eastman and Henry Strong as the Eastman Dry Plate Company, seems to be making one misstep after another. A revolving door of executives and board members seems bent on taking advantage of misleading press releases to personally cash in.
Granted, Kodak has had its u…