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z2007-01-08- Book Distributor Bankruptcy
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Bill Seitz is a Product Manager/CTO with a track-record of bringing a business perspective to building agile product-development teams for start-ups, and is seeking a senior role in an entrepreneurial organization building disruptive Internet-driven products.
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last edited
by BillSeitz
on
Sep 22, 2008 12:16 am |
[Kathryn Cramer] on the Bank Ruptcy of book distributor [Advanced Marketing Services] (Book Publishing). 3 of their execs went to jail a couple years ago for fraud, but the company stayed in business: The distributor has near-exclusive access to the discount retailers known as price clubs, including Costco and Sam's Club. Mono Poly risk.
Mark Bernstein has more.
Jun'2007: Mc Sweeney lost $130k in that closure, too.
Bill Seitz, fluxent at gmail dot com, Weblog