Minnesota Public Radio has a story up right now about Creative Memories’ attempts to revive the company from bankruptcy. You can listen to it below or read it here.
And yes, that is your own Scrapbook Update editor quoted at the end of it.
More Creative Memories news about the bankruptcy hearing today as it becomes available from the court…































Too bad this story is so one sided. What Anderson and Morgan-Moran don’t say is that the main reason the company is in the debt position it is in is because of the millions of dollars the family got with the 100% ESOP transaction.
And, regardless of the debt, the sales of the company continue to fall because of the poor management that ran and continues to run the company in to the ground.
Thanks for sharing….Very…Interesting…looking forward to hearing the updates after today.