Found out that we were part of the team that won an Edison Award. Our part was the ID work we did with our friends at Preserve. Anyway, because we won last year I got to be a judge this year. Interesting process. IDSA should take note. This logo is for an award of the same name given out in India but I like it better that the plump and oddly calligraphic lightbulb associated with our award.
Kodak is filing for creditor protection today. Chapter 11 I think. Kind of depressing but from everything I have read it was greed that got them there. It sounds like they sat on digital camera technology (which they invented) rather than being the ones to introduce it because they wanted to continue to rake in the profits from their film and processing business. They got so big and bloated that it is not surprising that even with several successful very divisions they couldn't keep afloat. Imagine the impact this will have on the already beaten-down western NY area? Glad I got out of the stock with a modest profit I bet many did not.
If we are really still in the middle of a recession why are retail numbers up and consumer savings at a 10 year high? Did it feel like a recession at the mall this year? Not to me. I know unemployment is high and under-employment even higher but could it be that both political parties feel it is in their interest to claim a lingering recession?