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The case of Polaroid in 1996.
Executive Summary The case of Polaroid in 1996 is a popular topic of discussion amongst finance specialists due to the complex issues involved. Specifically, after a long period of unsuccessful moves to discover a sales vehicle that will enable the company to resume its success of the early 1970's, in the mid-1990's the company is found on the verge of bankruptcy. Its new CEO Di Camillo is facing a very large debt, which is due
rating cut because Second Quarter Loss", in http://www.bizjournals.com/boston/stories/2001/06/11/daily42.html *<Tab/>Hyperstrategy.com (2005), "Case Study: Polaroid 1996", in http://www.hyperstrategy.com/c5.htm *<Tab/>McCracken, M. E. (2005), "The Cost of Capital " in http://teachmefinance.com/costofcapital.com *<Tab/>Reem Hackal (2005), "What is a Corporate Credit Rating", in Investopedia.com http://www.investopedia.com/printable.asp?a=/articles/03/102203.asp