Green Energy
Another Iconic Business Files For Bankruptcy
Reader's Digest:
...The company is the latest in a line of iconic businesses to have recently sought court protection from creditors, after Hostess Brands Inc., maker of Twinkies and Wonder Bread, and Eastman Kodak Co., inventor of Kodachrome and the Instamatic camera....
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The company’s flagship print magazine is read by more than 25 million people, according to its website. The company publishes 75 magazines globally including 49 editions of Reader’s Digest, Taste of Home, the Family Handyman and Birds & Blooms. Reader’s Digest “sold more digital editions in December than we did newsstand editions,” Guth said....
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Hostess Shrugged: Going Galt In The Face Of Neo-comms
From Noisy Room: The day came last week, that I never would have dreamed would come about. Hostess (founded in 1930) went Galt and shut down laying off 18,500. Hostess had been going through severe financial challenges, so renegotiations with...
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Mama Don't Take My Kodachrome Away
Yeah, I really am posting this just because it's an excuse to run a tune at the end WSJ: Kodak Teeters on the Brink By MIKE SPECTOR And DANA MATTIOLIEastman Kodak Co. is preparing to seek bankruptcy protection in the coming weeks, people familiar...
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Beacon Power, Backed by Obama Administration Provided US Loan Guarantees, Just Like Solyndra, Files BankruptcyFrom Eye on the World: Oct. 31 (Bloomberg) -- Beacon Power Corp., an energy- storage company that received $43 million in backing from...
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Shock: ABC News Blows EnergyGate Wide Open (DougRoss) As one commenter noted after reading ABC News' reporting on EnergyGate and Solyndra: There seems to be an inverse relationship between the president's popularity and the mainstream media's...
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Here's Your Daily Dose Of Insanity
"Obama Advisor: He is Bored To Death And Just Too Talented to do What Ordinary People Do,"via Weasel Zippers, citing the Pittsburgh Review-Tribune:In his biography of Obama, “The Bridge,” David Remnick, editor of The New Yorker, quotes White House...
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