{"id":20,"date":"2005-01-18T19:32:04","date_gmt":"2005-01-18T23:32:04","guid":{"rendered":"http:\/\/blogs.law.harvard.edu\/dbnews\/2005\/01\/18\/juice-and-donuts\/"},"modified":"2005-01-18T19:32:04","modified_gmt":"2005-01-18T23:32:04","slug":"juice-and-donuts","status":"publish","type":"post","link":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2005\/01\/18\/juice-and-donuts\/","title":{"rendered":"Juice and Donuts"},"content":{"rendered":"<p><a name='a4480'><\/a><\/p>\n<table width=\"537\" border=\"0\">\n<tr>\n<td width=\"575\" valign=\"top\">\n<p>\n     <img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/cyber.law.harvard.edu\/blogs\/static\/dowbrigade\/krispy.gif\" width=\"110\" height=\"91\" align=\"left\">Plagued by falling sales and unable to borrow money, <a href=\"http:\/\/blogs.law.harvard.edu\/dowbrigade\/discuss\/msgReader$112\">Krispy<br \/>\n     Kreme Doughnuts <\/a>announced today the retirement of its chief executive and hired as<br \/>\n          his successor a specialist in corporate reorganizations who is already<br \/>\n          running the Enron Corporation.<\/p>\n<p>      The new boss, Stephen F. Cooper, has a history of working with companies<br \/>\n      that enter bankruptcy protection and reorganize their debts, but in an<br \/>\n      interview this evening he voiced confidence that Krispy Kreme would be<br \/>\n      different.<\/p>\n<p>&quot;Keeping in mind that I have only been here for eight hours, it looks to<br \/>\nme that the company has a reasonable level of free cash flow, so I see no reason<br \/>\nwhy this should be a bankruptcy candidate,&quot; he said.<\/p>\n<p><em>He figured that all out in just 8 hours? No wonder he&#8217;s running Enron,<br \/>\n    too&#8230;.<\/em><\/p>\n<p> from the <a href=\"http:\/\/www.nytimes.com\/2005\/01\/18\/business\/19cnd-kreme.html?ex=1263790800&amp;en=d07f092e2b905343&amp;ei=5090&amp;partner=rssuserlandssuserland\">New York Times<\/a><\/p>\n<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Plagued by falling sales and unable to borrow money, Krispy Kreme Doughnuts announced today the retirement of its chief executive and hired as his successor a specialist in corporate reorganizations who is already running the Enron Corporation. The new boss, &hellip; <a href=\"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/2005\/01\/18\/juice-and-donuts\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":299,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1442],"tags":[],"class_list":["post-20","post","type-post","status-publish","format-standard","hentry","category-serious-news"],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/20","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/users\/299"}],"replies":[{"embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/comments?post=20"}],"version-history":[{"count":0,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/posts\/20\/revisions"}],"wp:attachment":[{"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/media?parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/categories?post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/archive.blogs.harvard.edu\/dowbrigade\/wp-json\/wp\/v2\/tags?post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}