Jew says Atkins (Atkins diet fame) owes 300 million and filed bankruptcy

[Sean Martin]

Low-Carb Pioneer Atkins Files Chapter 11
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NEW YORK (AP) - Atkins Nutritionals Inc., the company that promoted low-carb eating into a national diet craze, filed for bankruptcy court protection Sunday, a company spokesman said.

Atkins has been hurt by waning popularity of its namesake diet, which focuses on eliminating carbohydrates such as bread and pasta as a way to shed weight. The diet quickly became one of the most popular in U.S. history, spawning numerous derivatives and a virtual cottage industry of low-carb regimens - but also drew criticism from many experts for its focus on fatty foods and low fruit and vegetable consumption.


A hearing on the prearranged, Chapter 11 filing was scheduled for Monday in U.S. Bankruptcy Court, spokesman Richard Rothstein said. The privately held company, founded in 1989 by Dr. Robert C. Atkins, said it had reached an agreement with the majority of its lenders to give them equity in exchange for lowered debt.


Atkins owes $300 million in outstanding principal and interest, Rothstein said.

http://apnews.myway.com/article/20050801/D8BMNI480.html

[albion]

http://newyorkmetro.com/nymetro/news/features/robertatkins040308_175.jpg http://www.newyorkmetro.com/nymetro/news/people/features/n_10035/
Veronica Atkins is selling the apartment on Sutton Place South, though everything is still there: the reasonably priced art her husband loved to buy, and his pills, rows of nutritional supplements—he gobbled 50 a day. She lives in Palm Beach now in grief, and sometimes in steely anger. The grief is over her late husband, the famous diet doctor Robert C. Atkins, and so is the anger. The money has come since his death—hundreds of millions of dollars from the sale of Atkins Nutritionals—along with vindication. Atkins’s low-carb approach to eating has reshaped food markets. T.G.I. Friday’s now promotes low-carb items—like chicken wings—with an Atkins seal of approval. Subway has an Atkins line. There is even a low-carb beer, Michelob Ultra. Most of it has come too late. Atkins has been gone almost a year, dead at 72 after a fall on a sidewalk. “It’s tragic,” Veronica says one morning over coffee, “that Bobby’s not here for this.”

They met late in life—he was 57 when they married. Everywhere he went—speeches, conferences, even to his nightly radio show—she was there. “I am depressed now,” she says. But then, worse, is that his detractors won’t let him be. “They vilify him,” she says in her slight Russian accent. To her, it sometimes seems as if his death has only intensified the attack.

[Alex Linder]

People on Atkins diet refused to believe the evidence of their own eyes, that it was working for them, so brainwashed by govt food-pyramid lies were they. Direct parallel to govt lies about niggers. Niggers and high-carb food: they're both good for you. If govt lies about niggers, why would it tell the truth about food if it were to its advantage to lie?

[Mike in Denver]

The beginning phase (Induction Phase) of the Atkins Diet is extreme, but only the Induction Phase. The diet works like no other diet, and done the way Dr. Atkins recommended, it is safe.

The problem is, as Linder said, Atkins attacked the sugar/high-carb/junk-food industries, and for this reason they pulled out all the stops to vilify him and his diet. Their favorite lies about the diet were,

1) It is only water weight loss. --- yeah! 60 lbs of water weight loss in 6 months.

2) When you go off the diet, all the weight will come back, almost instantly. --- No more than any other diet. Of course if you return to junk food, it probably will.

3) It is really only a calorie-restriction diet. --- bullshit!!! Anyone who has been on the diet knows this is bullshit. The more fat you eat, the faster you lose weight.

4) The diet will destroy your kidneys or give you heart disease. Finally, in the last few years INDEPENDENT journal studies have show that the diet is not dangerous to kidney health and is actually heart healthy.

The only problem with the Atkins is that the induction phase is extreme and although you are only supposed to remain in this phase for about two weeks, the weight lose is so great during this phase, people tend to remain in the induction phase.

Also, the Atkins people kind of went nuts with the packaged products, some of which are dangerous. The artificial sweetner Splenda (Sucralose) used in Atkin's products is a poison, avoid it.

If all Atkins accomplished was to teach us that a high-carb based diet was turning Americans into waddling bubble butts, we owe him our gratitude.

Enkidu

[Antiochus Epiphanes]

reducing carb intake was known to be an effective fat-loss method to bodybuilders for decades before atkins.

like any diet, it takes discipline. it's hard to tighten the screws on carbs, but after a while you get used to it.

also, people think they can overdose on fat calories and it will work. no, there's nothing in the high-protein, low-carb method that says eat a pound of bacon a day.

[Sean Martin]

Asians usually use high carb diets with things such as noodles and rice and they are rarely fat. However their skin is so soft it can’t be sown (like after a cut or operation) as it tears unlike a westerner. A high carb diet is good for very active people. When I rode my bicycle 20-35 miles a day I ate a ton of carbs and burned all of it off. A high carb diet is good if you can burn it off by constant activity, but if you can’t work out a lot it seems the Atkins way is the best way to go. Everyone I know that uses it swears by it.

Actually I don’t think I have actually met an Atkins person that disliked the diet. It is also great for diabetes. The carbs and starches will raise diabetes, while meat and protein will keep it low.

[Alex Linder]

The beginning phase (Induction Phase) of the Atkins Diet is extreme, but only the Induction Phase. The diet works like no other diet, and done the way Dr. Atkins recommended, it is safe.

The problem is, as Linder said, Atkins attacked the sugar/high-carb/junk-food industries, and for this reason they pulled out all the stops to vilify him and his diet. Their favorite lies about the diet were,

1) It is only water weight loss. --- yeah! 60 lbs of water weight loss in 6 months.

2) When you go off the diet, all the weight will come back, almost instantly. --- No more than any other diet. Of course if you return to junk food, it probably will.

3) It is really only a calorie-restriction diet. --- bullshit!!! Anyone who has been on the diet knows this is bullshit. The more fat you eat, the faster you lose weight.

4) The diet will destroy your kidneys or give you heart disease. Finally, in the last few years INDEPENDENT journal studies have show that the diet is not dangerous to kidney health and is actually heart healthy.

The only problem with the Atkins is that the induction phase is extreme and although you are only supposed to remain in this phase for about two weeks, the weight lose is so great during this phase, people tend to remain in the induction phase.

Also, the Atkins people kind of went nuts with the packaged products, some of which are dangerous. The artificial sweetner Splenda (Sucralose) used in Atkin's products is a poison, avoid it.

If all Atkins accomplished was to teach us that a high-carb based diet was turning Americans into waddling bubble butts, we owe him our gratitude.

Enkidu

Good points. All I know is I happened to idly page through his book, got fascinated by it, and read the whole thing. The direct parallels to govt lying about race leap out at a WN.

[JohnAFlynn]

As I understand it, this Chapter 11 filing is only for Atkins Nutritionals, Inc., a corporation which was spun off from Dr. Atkins' estate and sold to private investors and whose sole business was the manufacture and sale of low carb food products. This is not to be confused with Atkins' medical practice, which was sold to one of Atkins' protege physicians, or his intellectual property (i.e. books, audiobooks, etc.) which still go strong and are pure profit to Atkins' widow. Essentially, the only part of Atkins' former empire wth financial problems was this food company, and this is due to the fact that everybody and their cousin got into the low carb food business when the diet took off a couple of years ago. They were too busy being satisfied with themselves as the "market leader" that they allowed themselves to be outdesigned, outmarketed, and outsold at every level by more ingenious competitors in the retail food industry. Atkins Nutritionals would probably be wise to scale back to being simply the licensor of the Atkins name and logo to companies like TGI Fridays and Subway which license the name to better market their low carb menu items. They could also figure out who their top competitor is and license the name to them. This would turn the company from an expense heavy, labor heavy, market dependent company, into an intellectual property based company with a minimal staff tasked mainly with selling licenses and collecting checks. That's what I'd do anyway.

[Sean Martin]

Used bookstores here have his books by the dozens. 50 cents for soft back editions and 75 cents for hardback editions. One of the bookstores where I buy my books sells all their books like that; I bought a $400 (what it was priced for on Albris) book for 75 cents.

Another bookstore I buy from sell their books at 5/1.00 no matter what they are.


Good points. All I know is I happened to idly page through his book, got fascinated by it, and read the whole thing. The direct parallels to govt lying about race leap out at a WN.