Trump is signaling he is going to abandon the $KODK deal and blame the executives for the entire thing.
To all the $KODK baggies out there, if you live in a banana republic sometimes you choke on a few bananas. pic.twitter.com/WUTBm0zgVf
— TC (@TESLAcharts) August 10, 2020
(Reuters) – Eastman Kodak Co’s $765 million (587 million pounds) loan agreement with the U.S. government to produce pharmaceutical ingredients has been put on hold due to “recent allegations of wrongdoing,” the U.S. International Development Finance Corp (DFC) said.
Earlier this week, senior Democratic lawmakers asked federal regulators to investigate securities transactions made by the company and its executives around the time it learned it could receive the government loan.
sg.news.yahoo.com/eastman-kodaks-765-million-u-022323141.html