Gifting your employees, community and customers worldwide with godlfish ponds, marble Team Picnic plaques, squishy “stress” balls, expensive SecurID key fobs, matching office supplies and consumables, plus countless other fancy gimmicks that all wound up in the trash, oft unused, didn't work too well, mostly because the generous tippers – some were rumored to have been Canadians – rewarded themselves most handsomely for their charity.
You can't blame such monumental waste on nationalism. I hear some Nortel locations now have a lights-off policy, which has amounted to the turning off of water fountains, policing of ceiling and vending machine lights. So unlike Crisco. Who's to guarantee that other savings initiatives – like outsourcing – don't impact overall product quality?

Put something up that can show how Nortel is actually going to start making money and not always disappointing shareholders and employees with negative earnings and one time charges. During Mike Z’s tenure, the performance of Nortel’s PPS bites.

I don't recommend playing with anything in this market. Its like playing with fire. The global economy has already begun receding. Price inflation has been stoked in energy and commodities and has started showing up at the consumer level. There have been food riots and work stoppages in most of the developing world in the last month. In bear markets, even good companies get taken down and that is what exactly happen on Thursday and Friday.

Wrong. The market is “relaxing” because the market is sick
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wrong what? or who?
It's not what I meant.
I said market reacted positively to NT stock on the day Nortel announced dropping own WiMax development; the day Mike Z stopped dreaming about WiMax as one of the growth engines for Nortel company. How much money Mike Z wasted on WiMax at Nortel? I've never pretended to know all the markets of all stocks_global economy but I know a bit about few stocks as you may know….
You are right that in the bear market bad stocks will do very bad /NT as an example/ and good stocks will do much better for shareholders /AAPL as an example/ If you are so sure about global economy going into recession you probably will use it in your plays on bad stocks as they should reward you nicely. Thank you for sharing your global views with us.
Lets Google wimax+nortel to see what I was talking about…
http://www.google.ca/search?client=firefox-a&rl…
The links should show what was the WiMax dream Mike Z dreamed about and what happened to his dream.
Have a nice day.

I would guess those people are fooling the boss (Alvio Barrios – I think?) 50% of the time with calls forwarded to their blackberry cellphones where they can also email from…..while spending their time at a shopping mall, restaurant, picking up their kids at school or simply at the Mercedes Benz dealer's service dept.. getting a tune-up…

I can imagine the terror in the CALA office if Hackney gets transferred there as……uh,uh. President for North America Region (Dion Joannou's last gig).

Wrong. The market is “relaxing” because the market is sick and the economy is getting sicker. $140 oil will simply break a lot of business models in North America & Europe like airlines and combustion engine based automobiles. Equities are always about the macro-outlook not the micro.

WiMax never had a shot because it still is going nowhere with a tier 1 operator. And if anything thinks people in North America are going to continue their wireless habits with $140 oil and rising food prices, they are sorely out of touch with reality. Price inflation is like playing with matches near leaking natural gas. The Fed under Bernanke has ignited it and now we must all prepare for the explosion.