Nortel Networks

After struggling for months and cutting thousands of jobs Nortel Networks Corp announced January 14 that it would be filing for Chapter 11 bankruptcy protection. The bankruptcy move was prompted by Nortel's failure to make interest payments in the fourth quarter of 2008.

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Nortel files for bankruptcy protection Chapter 11

Toronto: Nortel Fraud Charges
Barry Artiste 2
Barry Artiste Op/EdShares in Nortel Stocks have been halted, which pretty much guarantees Bankruptcy. Nortel filed Chapter 11 in the US. Who knows what is in store for the Canada arm of Nortel, which is only...
Barry Artiste
created by Barry Artiste | 44 weeks ago
updated 44 weeks ago
538 views | 8 comments

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"Nortel Networks Corp, has Succeeded on their $1.13 Billion Sale of Its Wireless Network To... http://ping.fm/quJHr..."

crwenewswire updated identi.ca @ 2009-11-13 20:09:38

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"Not surprised to see Nortel file bankruptcy. Its a dinosaur that should have gone extinct long ago. Corporate culture=Dilbert...."

ChrisCarpinello updated twitter @ 2009-01-14 16:04:35
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"Nortel lays off 3,200 more: Nortel, still in Chapter 11 bankruptcy protection, announced today that it is laying.. http://tinyurl.com/c9pdzf..."

ITBlogs updated twitter @ 2009-02-25 17:38:01
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"Oh - Bookham. Down about 16% on the Nortel bankruptcy. makes sense...."

craigmatsumoto updated twitter @ 2009-01-14 16:17:41

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