Comments on: Dear Mr. Flaherty and Mr. Clement http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/ All the News about Nortel Networks Thu, 09 Feb 2012 03:34:00 +0000 hourly 1 By: Caverly http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-31004 Caverly Mon, 28 Dec 2009 04:29:54 +0000 http://www.allaboutnortel.com/?p=3258#comment-31004 It is a travesty that so many people are so ill-informed. Employees who belonged to registered retirement pension plans were told that their pensions were safe - that is why the government said that they could only contribute a very very small amount into their RRSP's. The government and Nortel also said that employees could not opt out of the pension plan. We do not want a bail out. We merely want what we have been told for many many years that we are entitled to. The government changed the rules of the game - i.e. no severance, loss of disability payments and loss of pension payments and loss of survivors pension payments. If the executives can manage to give incredible salary increases in March - and then again in October (when the CEO and President's salary went from $386,000 to $l.6M) along with 71 other employees salaries being increased, then I believe that the severed, disabled, pensioners and survivors should be at least paid what they are owed. There are various things that have caused this situation and why the company chose to go into bankruptcy, but suffice it is to say, that morally, ethically and professionally, this is wrong. It is a sad day then the rich are getting richer on the backs of the poor getting poorer. Today, the rich are getting richer on the backs of the middle class also. Who makes the laws and who can break the laws without penalty? Why - of course the rich. Seems today that everybody has a price - some will sell their soul to become rich. Just remember - what comes around - goes around. Even Ernie Maydoff has found this out. It is a travesty that so many people are so ill-informed. Employees who belonged to registered retirement pension plans were told that their pensions were safe – that is why the government said that they could only contribute a very very small amount into their RRSP's. The government and Nortel also said that employees could not opt out of the pension plan. We do not want a bail out. We merely want what we have been told for many many years that we are entitled to. The government changed the rules of the game – i.e. no severance, loss of disability payments and loss of pension payments and loss of survivors pension payments. If the executives can manage to give incredible salary increases in March – and then again in October (when the CEO and President's salary went from $386,000 to $l.6M) along with 71 other employees salaries being increased, then I believe that the severed, disabled, pensioners and survivors should be at least paid what they are owed. There are various things that have caused this situation and why the company chose to go into bankruptcy, but suffice it is to say, that morally, ethically and professionally, this is wrong. It is a sad day then the rich are getting richer on the backs of the poor getting poorer. Today, the rich are getting richer on the backs of the middle class also. Who makes the laws and who can break the laws without penalty? Why – of course the rich. Seems today that everybody has a price – some will sell their soul to become rich. Just remember – what comes around – goes around. Even Ernie Maydoff has found this out.

]]> By: Caverly http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29209 Caverly Sun, 27 Dec 2009 23:29:54 +0000 http://www.allaboutnortel.com/?p=3258#comment-29209 It is a travesty that so many people are so ill-informed. Employees who belonged to registered retirement pension plans were told that their pensions were safe - that is why the government said that they could only contribute a very very small amount into their RRSP's. The government and Nortel also said that employees could not opt out of the pension plan. We do not want a bail out. We merely want what we have been told for many many years that we are entitled to. The government changed the rules of the game - i.e. no severance, loss of disability payments and loss of pension payments and loss of survivors pension payments. If the executives can manage to give incredible salary increases in March - and then again in October (when the CEO and President's salary went from $386,000 to $l.6M) along with 71 other employees salaries being increased, then I believe that the severed, disabled, pensioners and survivors should be at least paid what they are owed. There are various things that have caused this situation and why the company chose to go into bankruptcy, but suffice it is to say, that morally, ethically and professionally, this is wrong. It is a sad day then the rich are getting richer on the backs of the poor getting poorer. Today, the rich are getting richer on the backs of the middle class also. Who makes the laws and who can break the laws without penalty? Why - of course the rich. Seems today that everybody has a price - some will sell their soul to become rich. Just remember - what comes around - goes around. Even Ernie Maydoff has found this out. It is a travesty that so many people are so ill-informed. Employees who belonged to registered retirement pension plans were told that their pensions were safe – that is why the government said that they could only contribute a very very small amount into their RRSP's. The government and Nortel also said that employees could not opt out of the pension plan. We do not want a bail out. We merely want what we have been told for many many years that we are entitled to. The government changed the rules of the game – i.e. no severance, loss of disability payments and loss of pension payments and loss of survivors pension payments. If the executives can manage to give incredible salary increases in March – and then again in October (when the CEO and President's salary went from $386,000 to $l.6M) along with 71 other employees salaries being increased, then I believe that the severed, disabled, pensioners and survivors should be at least paid what they are owed. There are various things that have caused this situation and why the company chose to go into bankruptcy, but suffice it is to say, that morally, ethically and professionally, this is wrong. It is a sad day then the rich are getting richer on the backs of the poor getting poorer. Today, the rich are getting richer on the backs of the middle class also. Who makes the laws and who can break the laws without penalty? Why – of course the rich. Seems today that everybody has a price – some will sell their soul to become rich. Just remember – what comes around – goes around. Even Ernie Maydoff has found this out.

]]> By: sadandmad http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29192 sadandmad Fri, 25 Dec 2009 17:49:06 +0000 http://www.allaboutnortel.com/?p=3258#comment-29192 Don't hold your breath... these heartless politicians are not there to represent us they are there to line their own pockets and ensure they have pensions when they retire from the trough. If they cared, we wouldn't have to beg and plead for them to do the right thing. Don't hold your breath… these heartless politicians are not there to represent us they are there to line their own pockets and ensure they have pensions when they retire from the trough. If they cared, we wouldn't have to beg and plead for them to do the right thing.

]]> By: disc64 http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29122 disc64 Wed, 23 Dec 2009 18:19:49 +0000 http://www.allaboutnortel.com/?p=3258#comment-29122 How can management take on risk with unions slowing them down? Honestly, don't you people realize that it's all the risk taking by executive management that has made this country great?<br><br>Of course, not having a union exposes the rank and file to risk too - the rank and file can be left fending for themsevles on the streets - but surely that pales in comparison to the risk that executive management takes. And they feel your pain, really, so much so they wish they could share some of their bonus money with you. But somehow it just doesn't seem right to share money with somebody who won't fight for it. How can management take on risk with unions slowing them down? Honestly, don't you people realize that it's all the risk taking by executive management that has made this country great?

Of course, not having a union exposes the rank and file to risk too – the rank and file can be left fending for themsevles on the streets – but surely that pales in comparison to the risk that executive management takes. And they feel your pain, really, so much so they wish they could share some of their bonus money with you. But somehow it just doesn't seem right to share money with somebody who won't fight for it.

]]> By: felixmk http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29102 felixmk Wed, 23 Dec 2009 14:49:13 +0000 http://www.allaboutnortel.com/?p=3258#comment-29102 beats me...maybe they wanted to reward employees? beats me…maybe they wanted to reward employees?

]]> By: waiting123waiting http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29098 waiting123waiting Wed, 23 Dec 2009 13:01:25 +0000 http://www.allaboutnortel.com/?p=3258#comment-29098 <a href="http://www.reuters.com/article/idUSSGE5BM0HU20091223" rel="nofollow">http://www.reuters.com/article/idUSSGE5BM0HU200...</a> - another piece on the block. http://www.reuters.com/article/idUSSGE5BM0HU200… – another piece on the block.

]]> By: 4merEmployee22 http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29094 4merEmployee22 Wed, 23 Dec 2009 04:58:40 +0000 http://www.allaboutnortel.com/?p=3258#comment-29094 WHY DID NORTEL ( or other companies) INTRODUCED "PENSION BENEFIT" TO EMPLOYEES in the first place? WHY DID NORTEL ( or other companies) INTRODUCED “PENSION BENEFIT” TO EMPLOYEES in the first place?

]]> By: horace_grimswold http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29093 horace_grimswold Wed, 23 Dec 2009 03:05:13 +0000 http://www.allaboutnortel.com/?p=3258#comment-29093 Another open letter that can be filed under the "Lost Cause" department. Will the next one be titled "Dear John"????<br><br>Will this help Mr. Flattery get re-elected?<br><br>Will this help Mr. Harper win a majority?<br><br>WIIFM?<br><br>yawn Another open letter that can be filed under the “Lost Cause” department. Will the next one be titled “Dear John”????

Will this help Mr. Flattery get re-elected?

Will this help Mr. Harper win a majority?

WIIFM?

yawn

]]> By: less http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29085 less Tue, 22 Dec 2009 15:44:35 +0000 http://www.allaboutnortel.com/?p=3258#comment-29085 Unfortunately Jimmy Hoffa is unavailabe for comment, so I ask what effect might a (threat of) strike have had where you worked and when would the best (or worst for "them") time for one have been? <br><br>Richardson had a number of contractors doing menial labor, and I expect they would've been the first to have been effected by one. Unfortunately Jimmy Hoffa is unavailabe for comment, so I ask what effect might a (threat of) strike have had where you worked and when would the best (or worst for “them”) time for one have been?

Richardson had a number of contractors doing menial labor, and I expect they would've been the first to have been effected by one.

]]> By: misterideal http://www.allaboutnortel.com/2009/12/21/dear-mr-flaherty-and-mr-clement/comment-page-1/#comment-29070 misterideal Tue, 22 Dec 2009 02:52:32 +0000 http://www.allaboutnortel.com/?p=3258#comment-29070 UNIONS are GREATEST thing ever and if someone were to ever say likewise they have only one agenda and that is management lining their own pockets.Unions have made the USA the richest country in the WORLD for nearly 100 years .The Workers are not the Problem when companies go under it's usually management with terrible forcasts.Unions prevent these malicious people who try anything to under cut their workers.A Union STRIKE would always bring bad press toward management and that would always get the publics attention.For those who have been offered jobs from the newly ExNortel businesses be very careful.Unions are GOOD for people and not BAD.Some may want to say likewise but look at the history. Canada England Germany the USA have had Unions for years and the workers are heathy and their pensions are carefully watched .Look at the Teachers Pension.Auto,Gov ,Canada post etc.We are richer today in North America because of Unions.AND THAT IS THE TRUTH. UNIONS are GREATEST thing ever and if someone were to ever say likewise they have only one agenda and that is management lining their own pockets.Unions have made the USA the richest country in the WORLD for nearly 100 years .The Workers are not the Problem when companies go under it's usually management with terrible forcasts.Unions prevent these malicious people who try anything to under cut their workers.A Union STRIKE would always bring bad press toward management and that would always get the publics attention.For those who have been offered jobs from the newly ExNortel businesses be very careful.Unions are GOOD for people and not BAD.Some may want to say likewise but look at the history. Canada England Germany the USA have had Unions for years and the workers are heathy and their pensions are carefully watched .Look at the Teachers Pension.Auto,Gov ,Canada post etc.We are richer today in North America because of Unions.AND THAT IS THE TRUTH.

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