Kodak Deal Draws Review From Watchdog at Agency Involved in Planned Loan - News Summed Up

Kodak Deal Draws Review From Watchdog at Agency Involved in Planned Loan


A planned $765 million U.S. loan for Eastman Kodak Co. to produce drug ingredients is under review by the inspector general of the agency that helped put together the deal. The newly named inspector general of the U.S. International Development Finance Corp., a federal agency charged with making loans to businesses in connection with the coronavirus pandemic, told Sen. Elizabeth Warren (D., Mass.) last Thursday that his office was opening a review of the loan, according to a spokeswoman for Ms. Warren, who had called for further...


Source: Wall Street Journal September 14, 2020 15:09 UTC



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