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)