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The loan was to help Kodak gear up to make ingredients used in generic drugs. But, after news of the loan was released, there have been questions about the timing of the announcement. Kodak's stock price, and stock's trading volume increased sharply before official word of the deal. Questions were also raised about stock options issued to some Kodak executives."Based on what I'm seeing, what happened at Kodak was probably the dumbest decisions made by executives in corporate history," White House adviser @PeterNavarro45 responds to Kodak's $765M halted government loan for suspicious trading. "You can't fix stupid. You just can't." pic.twitter.com/t3dsDlS7Em
— Squawk Box (@SquawkCNBC) August 17, 2020