Now that Nortel has issued its last (??) restatement, everyone seems willing to be forgive and forget. The analysts are climbing back on board with research reports that talk about higher revenue and areas of strength, while CEO Mike Z. is working away to re-invent the company. Before anyone gets too excited, try to be somewhat pragmatic. I mean, this company’s track record over the past few years has been, at best, spotty. Maybe reading this column in the National Post is a good place to start. The National Post also has an analysis piece on the weird relationship between Nortel and its auditor, Deloitte. The Toronto Star also has a story on Nortel chief ethics officer Susan Shepard.
Got NT Fever? Wait!
Now that Nortel has issued its last (??) restatement, everyone seems willing to be forgive and forget. The analysts are climbing back on board with research reports that talk about higher revenue and areas of strength, while CEO Mike Z. is working away to re-invent the company. Before anyone gets too excited, try to be somewhat pragmatic. I mean, this company’s track record over the past few years has been, at best, spotty. Maybe reading this column in the National Post is a good place to start. The National Post also has an analysis piece on the weird relationship between Nortel and its auditor, Deloitte. The Toronto Star also has a story on Nortel chief ethics officer Susan Shepard.