The Grifters, chapter 1 - Kodak

[Hoyt]

4. I think Kodak was probably as good a choice as anyone for this. I'd suggest Kodak sell some

treasury stock, and pay back the loan.

In any event, the Market seems to think the new contract will produce needed products and, of course, profits -- which will ensure the loan is repaid -- and I suspect that means new jobs, etc., and new focus for Kodak. And, it does seem prudent to have these chemicals produced in USA.

For what it's worth -- Kodak stock is down about $10 from the article's date (it was down $13 earlier today). So all those guys "lost" $100 Million in the past few days, assuming they really "made" $400 Million before.