Simmons declaring bankruptcy
Oct 5, 2009 12:08 PM
Joined: Aug 1, 2009
Points: 175
Just ran across this story on MSNBC.com:
"As Simmons sank, buyout firms prospered:
133-year-old brand about to file for bankruptcy, but owners roll in profits"

http://www.msnbc.msn.com/id/33174514/ns/business-the_new_york_times/


And a companion article:
"Life was plush for Simmons executive:
Millions in pay, plenty of perks while mattress icon struggled"

http://www.msnbc.msn.com/id/33178050/ns/business-the_new_york_times/


-Catherine
(even more glad I bought from a local, independent mattress manufacturer)
This message was modified Oct 5, 2009 by Catherine
Re: Simmons declaring bankruptcy
Reply #2 Oct 5, 2009 3:44 PM
Joined: Aug 30, 2007
Points: 464
Print format links (easier to read):
<a href="http://www.msnbc.msn.com/id/33174514/ns/business-the_new_york_times/print/1/displaymode/1098/">Buyout firms profit as Simmons sinks</a>
<a href="http://www.msnbc.msn.com/id/33178050/ns/business-the_new_york_times/print/1/displaymode/1098/">Life was plush for Simmons executive </a>