Hollywood and the Odyssey of Film - A Critical Threshhold from West Coast Midnight Run

I looked up to our editor trying to let him know I made it, and scanned for Frank and the Mac (no reference to JP Morgan's John Mack) because Peter got to rub elbows with the big wigs including HSBC, Barclay’s, Credit Agricole, BNP, Chase Manhattan Bank's overseas investment division and the Industrial Bank of Japan as well as some local baddies - but that was ages ago and it always rubbed Peter the wrong way when we called him Mac. His answer? "I aint that Mac and I don't help Magnum get his prized Ferrari from the Marines' impound yard".

The industry has seen some serious knocks and fender benders and I do mean serious. It's already been a hundred years since the onset of

electricity and we already kicked the habit, a millennia old habit of smoking, rolling paper and using paper. Both for recreation and for communications.

It's just a little scary where we are headed.

This year the Eastman Kodak company announced a reorganization plan for emerging out of bankruptcy. The Big K back East was one of the founders and contributors to this nation's film industry and innovations in filmmaking, they were considered one of the pillars of the NYSE, part of the group that included Dow, Dupont and many blue chips. There was a time when we all thought K would always be around, would roll with the shakes and always be there as part of our heritage.

For the consumer the Kodak
moment was a symbol of personal prosperity, to be able to own your camera or photographic equipment was analogous to every American household sharing in the European time honored notion of wealth and prosperity. The "bourgeois" society was always able to afford a painting or commission a painter to make a portrait of the family that adorned the walls of the principal homestead.

However with Kodak everyone was now able to record intimate or personal moments, from the baby in the cradle at the hospital to junior's graduation to vacations and weddings.

And Kodak was not only a big