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The third Kodak director has resigned in a week, Reuters reports. Laura Tyson is a professor and White House advisor. Excerpt:

Tyson, who did not immediately respond to a request for comment, is a professor at the Walter A. Haas School of Business at the University of California, Berkeley.
She has also served as a member of President Barack Obama’s Economic Recovery Advisory Board and in the 1990s advised the Clinton administration on the economy.

Kodak shares closed at 65 cents today. It’s high in 2011 was $5.85.

– The Rochester Business Journal reports 2012 will be a decisive year for Kodak. Excerpt:

For Rochester, much is at stake. Although Kodak’s local employment has plunged roughly 88 percent-or more than 53,000 jobs-since it peaked in the early 1980s, some 7,000 residents still earn a living there. And thousands of Kodak retirees also have much on the line.

In Colorado, Kodak leveled four buildings on its Windsor campus, the Windsor Beacon reports. Two hundred workers remain at the campus.

City Newspaper might have the line of the day in a blog post questioning Bob Duffy’s effectiveness as mayor:

I think Duffy’s belief in his own core goodness cast a weird spell on the city.

I believe the jury is still out on his tenure. Midtown will end up being his legacy and we don’t know how that’s going to turn out.

– A Rochester woman was interviewed for a story in the Washington Post about the “White Girl Problems” Twitter hashtag, which is coming out in book form. Excerpt:

A whole online community has sprung up to vent. Now there’s @JewBoyProblems, @PostGradProblems and @HipsterProblems, to name a few. Hyperion is releasing a book next month —“White Girl Problems” — and there have been talks with television executives about developing a series.

It has been a hit with out-of-work college graduates. Stephanie Williams, 24, of Rochester, N.Y., recently left her job at a public relations firm and moved back in with her parents. She says it’s comforting to connect with others on Twitter who share her problems adjusting to postgraduate life.

“This is possibly the first time where I don’t feel like I have control over the direction of my life,” Williams said. “And I’m going through this crisis on Twitter with other people.”

Locally, a “Pittsford Problems” hashtag made the rounds a couple weeks ago.

2 Responses to Another Kodak Director Out, Duffy’s Legacy

  1. R, great blog. Clear, concise and timely.

    And the ref to City’s Duffy quote is so true.

    I’ll try to be nice. Cheerleading does not for a game win make.

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