Nortel Downfall Part 11
Nortel Executives and BoD successfully argue in favor of bankruptcy bonuses. http://www.bloomberg.com/apps/news?pid=20601082&sid=a0TBFPiL4Luc
Nortel Insider – by Desk Jockey
The view from one Desk Jockey
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hahahah – u da man DJ, nicely done…
shizznit
March 29, 2009 at 6:45 pm
Hey DJ,
I just watched Der Untergang this weekend. Great movie, and now your videos are ten times funnier!Keep up the great work
LJenkins
March 29, 2009 at 10:48 pm
Heard a juicy rumor today that someone posted a list of 4G wireless management salaries as a parting shot with their farewell letter. Anyone shed any light? Head on over to my site and leave an anonymous comment if you can. I’m working on a general blog post about reactions to layoff in these times and this would be a great tidbit to use if I can substantiate it.
Clive
April 2, 2009 at 6:39 pm
Check this out.
http://seekingalpha.com/article/129293-nortel-news-puzzling-board-appointment-ex-ceo-s-expensive-pension?source=wl_sidebar
Ex-CEO Bill Owens is getting $100,000 per month for 1.5 years of service as CEO.
Happy Ex-Norteler
April 3, 2009 at 7:44 am
I first saw these and thought they were really funny, now i think they may actually be a parallel of the truth, E&Y are the Gestapo behind the scenes orchestrating the shameful destruction of great company and the Nortel executives are complicit . Their golden parachutes will open and they float along looking at the bodies of those who had their parachutes ripped off as they went out the door.
English dude
April 3, 2009 at 12:06 pm