Did Nortel Break U.K. Employment Laws?

By Mark Evans | Published: December 23, 2009

As Nortel has gone through its bankruptcy protection process, it has has laid off hundreds of employees around the world, including the U.K.

U.K. employees are complaining that the proper procedures haven’t been followed and that employment laws have been ignored and that laws have been broken.

Here’s a television report that highlights the problem.

This entry was posted in Financials and tagged bankruptcy, employment laws, ernst & young, Nortel. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Zhacknightmare

E&Y have succesfully tried to have the broadcast of this feature stopped on at least 5 occasions.

Maybe C4 should have also included the story about Mario DiMaisco from NT UK enterprise. When he received his part of the 45M exec bonus he bought himself a brand new Ferrari, cool Mario eh. Wanker comes to mind.

All while his former employees can't afford Christmas presents for their children.

Interestingly Avaya debt has now been rated as junk stock by Moodys due the purchase of Nortel. Maybe you will be caught out Mario.
less

Z needs to take a cue from Roth and sue Nortel to cover any costs incurred by this blatant, hateful slander.
freqmgr

Z already is covered by the USD 300 million that has been put aside for lawsuit protection. In reading JR's filing if approved by the court the USD 1 billion could also apply to any other ELT member.
misterideal

UNIONS PEOPLE!!!!!!!!!!! forget the LAW and LAWMAKERS Guess who gives out money to the Lawmakers ?
GoProto

Yeah, i posted this on the “Thoughts about the Avaya-Nortel Deal ” thread.. interesting to say the least..

Well, here is what some people think about Avaya's possibly perilous future in light of this deal and its not looking pretty.

http://www.computerworld.com/s/article/9142586/…
scalppeeler

Nortel does not care if laws were broken or not.
They are in Bankruptcy protection.
If you have a Beef, file your complaint and submit your claim. Sue me.
Stand in line and wait like everyone else for your free snickers bar at the end
of the day. The only advantage the Euros have to North Americans here is that their government might act to give them a handout, er bailout.
Not so in canuckistanii D'Ontario.
yes4aapl

If you have a Beef, file your complaint and submit your claim. Sue me.
Stand in line and wait like everyone else
—
re
so far submitted claims exceeded $600 bill

$1 bill here $1 bill there
Ex-Nortel boss wants up to $1 billion insurance coverage from his former employer
John Roth wants Nortel to help protect him from lawsuit by U.S. employees
http://news.globaltv.com/money/Nortel+boss+want…
============
My comment
with
Nortel revealed the claims reached $673 billion at the end of September.
I guess there must be priority claimants as giving every one 1 cent on a doll has no sense in it. 1 cent on a doll claimed so far and the line is still growing /simple stats/
Now the fight starts for priority status!
Fight guys, fight! Fight the little ones with Goliaths. Fight for your survival.
pensioners against employees, managers against every one and government will watch that fight with pleasure!
4merEmployee22

If the Bankruptcy Courts or the Monitor allows what Mr. John Roth is asking,
Hell! there is no more order and justice to the severed employees without any
token severances, and forgotten retirees!!!
Slapped in their faces and dignity!!!! Canadians are too freakin' POLITE!!!

If you have powerful lawyers, I guessed he'll get what he wants?

Asking $1,000,000,000 dollars indemnity protection? Eh?

All the members of the BOD and top exec should be included in the biggest
ever class action lawsuit looming? Just wait 'till they announce the end
of the Bankruptcy Protection! Some of these people involved in the DEMISE
of Nortel will answer to the cry of the oppressed!!!
AnotherSlave

Unless I can see a serious movement to prevent E&Y from doing business in the UK, this has no substance.
Teleguy

Unions would not help in a Chapter 11. The power is entirely with the company and the court-appointed monitors in Chapter 11. Unionized employees would be treated exactly the same as non-unionized. E&Y is correct is saying they are there to maximize the amount of money for the creditors, so paying any sort of termination or severance to laid-off employees goes against that mandate.
NortelTragedy

Thievery, nothing less, E&Y allowed to bypass laws as “administrator” because there is no penalty to not do so.
yes4aapl

Oh ya…
You are just wrong
First there is $675 bill in claims so creditors would get 1 cent on a dollar if severance was not paid.
If severance was paid creditors would still get 1 cent on a dollar.
That's simple math.
What is your reason to post your nonsense?
whopperscan

Of course both Nortel and E&Y knowingly broke the law in the UK here. I know people at at that site, and they did indeed admit it. E&Y claims to the contrary since are simply dishonest and fraudulent spin.
These people were told to go to a large room. Seated at a table up front were a bunch of suits no one recognised… who started to say they were all redundant. The employees, perfectly naturally, asked who they were, and surely, surely common sense, law and courtesy would mean that Nortel HR would be in charge of this? Some floozy at the table mumbled that she was from Nortel HR, and this course was indeed fully approved.
They said it was far cheaper to pay any fines than pay normal notice periods under UK law. And they're quite right… in fact, my colleagues said that when they looked into it, it turns out the UK government almost never enforces that law or fines deliberate lawbreakers like Nortel & E&Y in this case.
Any and all statements to the contrary of the above by Nortel or E&Y to this are just a load of crap…
burnie

Sorry yes4aapl but Teleguy is correct.
E&Y is mandated to do what is best for whatever business they work for. They are also legally obliged to follow employment laws. Do you see the contradiction here?
“Do the decent thing and pay out severance? Why, that cost’s money! We’re here to save money. We have a reputation to uphold”*
“Screw the minions over & kick their asses out the door? Why that’s illegal! Oh wait, it’s only a small fine… and it never gets enforced”.
“Yeah, kick their asses out!”

*E&Y are paid to do a job. The employees don’t pay them, the employees don’t hire them. They don’t give a rat’s ass what the employees think.
They have a reputation to uphold as ruthless/efficient/effective administrators. When they are done with Nortel, they’ll move on & start over elsewhere.

Meanwhile, I hear Mike Z is trying to introduce the miracle that is Six Sigma to Santa. Don’t expect any presents next year, but watch out for some angry elves on the news.
less

Like Six Sigma, unions do have their time and place. Had they been in place at Nortel I doubt (threats of) union strikes over the last 10 years would've had any effect on Nortel's outcome. Indeed, few of us saw Nortel's monumental waste over the last ten years as anything but the necessary way of doing business.
If your people's LSS numbers don't stack up, you fire and rehire 'em as contractors.
less

Call me meticulous, but surely it can't be enough for Zs legal expenses to merely be covered. He and all execs must receive sufficient compensation for having to send a legal rep to court at great expense – say, $10 for every $1 of legal counsel?
yes4aapl

Sorry yes4aapl but Teleguy is correct.
====
re
My point was that he is the same TiC
My point is that using arguments that E&Y, in the above case, worked in the best interest of creditors is senseless as it does not change the statistics of the big picture
The big picture here is that severance obligations are a small claim in the pot of claims
Total level of claims exceeded $675 billions
What would be total severance obligations?
and
because of xmas time I will ask you a question
Would you knowingly lie if you knew 100% that the lie will be exposed sooner or later?
How many times TiC lied here?
What credibility he has here?
This site, AAN, as any other public site is used to manipulate an opinion.
I noticed that all Nortel forces were arguing here, mostly under anonymous IDs, to twist the common opinion into own direction.
I saw posts of Mike Z and his people defending bonuses as well.
I see the spirit of the posts not the letter of the law. The spirit will stay forever and the laws can be changed anytime for example because “common desire” to do the right thing.
Merry Christmas, HOHOHO
less

Just a tad off-topic, but this rather fitting Xmas ditty is from the former UK, where its, uh, a bunch of hours later than in Canada, where its, uh, too late, period.

http://www.youtube.com/watch?v=xoJf-9j2kNs

Dear Nortel Suits,

Tonight, in your world of plenty, thank God it's “them” instead of you.
recentlyresignednorteldirector

Nortel knowingly broke the law in this case. They analyzed the situation and E&Y determined that the cost to pay the required fines was less than the cost to pay the required severances.
yes4aapl

Of course both Nortel and E&Y knowingly broke the law in the UK here. I know people at at that site, and they did indeed admit it.
=====
re
In above video, the most important part is that NT and E&Y conspired to break the law. The audio proves it.
http://link.brightcove.com/services/player/bcpi…
Those who argue that E&Y worked in the best interest of creditors should see arguments of these Nortel's employees. It's clear that E&Y actions destroyed value of the company, March 2009
http://www.youtube.com/watch?v=iavOAlOV5e0
burnie

My point is that using arguments that E&Y, in the above case, worked in the best interest of creditors is senseless as it does not change the statistics of the big picture
I know that, you know that, the ex-Nortelers without a job, without a severance & without a pension know that. But the argument stands that the administrators aim is to “do what’s best for the business” They chose to break employment laws in the full knowledge that the law is weak & their actions would be seen (not just by Nortel but by future “customers”) as good for the business.
My beef is not with E&Y but with Nortel. They hide behind E&Y with a phony look of sympathy on their faces as they watch E&Y do their dirty work.
…and I’m still waiting for an explanation of why we went from “emerging as a leaner more focused Nortel” to “sell everything off & wind down what’s left”.

Oh, Merry Christmas to you too.
freqmgr

I suspect that the funding will also go to pay legal costs…and the JR is asking for the same thing.
exNTII

When criminals break in, steal and dupe people, they are prosecuted and sent to jail. In the corporate world and white collar crime, the laws of the land do not apply. Or they get very light sentences including the ridiculous, where they serve it at home with all the luxuries.

I am convinced laws were only made by the big, powerful and rich for people like you and me. For them the laws do not apply. How can they when they invented a 2 tier system.

Our governments have no teeth. They are impotent, weak, feeble and gutless to do anything. If you just see what is happening in the world, follow the corporate world and compare coporate to government, it is clear that soon we will be back in the 17th century where corporations are more powerful. They will rule the land. Just like the British, Dutch and Spanish West and East Indies Companies.

It is scary when you think of it as companies pretty much have billions, invent all the technology good (consumer stuff) and bad (WMDs) and have greedy people willing to do anything to make a fast buck.
exNTII

If I had a Christmas wish, I'd wish that every Nortel executive, who has made millions in salry, bonuses and fringe benefits, has as much as the people they have scrooged over.
protosphere

E&Y get paid first too, like their bonuses. In the sake of getting most for their big business creditors, even if it means oppressing the peons.

E&Y are in as much conflict of interest as Manley's law firm defending Dunn…this is Nortel we're talking here…

Nortel can not be trusted any more than RIM securing their patents before they about face by folding, something they downplayed doing…

Nortel has or had powerful allies from the past and past sentiment. EDC renwals hype, OSC no fine, SEC small fine, with high profile people in government from both sides of the border. Big business pals appeasing big business pals, and when the well runs dry they simply file a claim too for megabucks.

Everyone lost but Nortel's bonus happy management least, as they seek to protect other big bucks pals maximizing value at the expense of employee severances. Shamelesly, because they can with big buck legal fees and loopholes.

Nortel lied even after ultimatum fraud settlement where they refused to negotiate pay practices. with turnaround and buying opportunities. Again, to cut severances for big business creditors while feeding themselves bonuses, raises, trading options for cash.

Even the ultimatum settlement was represented by their one largest shareholder than greater number of heads.

Injustice on steroids with enough legal power to rewrite the laws of physics.

They could no longer operate by diluting a hundred million shares a year to “keep good people”, almost all their profits nosediving (CDMA) after losaaing money for ten years and wasting billions in failed acquisitions, to so much lost credibility that even their big business and government contacts could no longer keep a straight face continually feeding this Roth envy tanker with further plans full contingencies.

If there are laws to address, no problem, their army of lawyers will handle it, who also get paid first as they loot the corpse into the close.
yes4aapl

Nortel can not be trusted any more than RIM securing their patents before they about face by folding, something they downplayed doing…
=======
re
I say, if Canada does not care what Nortel did, who did it, how they did it…? so on
we will see the same game_fraud in RIMM case
Let's start AllAbout Rimm blog because all signs show RIMM is the next fraud for Canadians and the world.
I told you one thing, RIMM if they wanted to play fair, they would get from NT whatever they wanted.. in other words RIMM is the same… those negotiations behind closed doors, money exchange behind the closed doors… and so on
who cares about employees in Canada, about investors in Canada?
yes I was playing RIMM in Jan 2004 when with help from all behind closed doors forces RIMM was pushed from a position of a small company without name into huge market cap stock. The Rimm bubble looks even more dangerous than NT
NT defrauded small investors at the level of $300 bill
Who benefited the most from NT rise and BK?
Who benefited the most from RIMM rise and who will benefit from RIMM BK if it comes?
The answers are easy if RCMP or any other gov institution wanted to look into it…
Who is behind the Big Money in Canada? and DanL is the most advanced answering that question my friend
OSC is on the side of frauds like Nortel…
oh look
some strong opinions are voiced by well known personalities about that and gov does not care; example.. my favorite dianeurquhart on YouTube
She is a good fighter to change the system
in other countries any public allegation /she made plenty/ requires gov to answer, public answer.
Public?
Who is public or republic?
In Canada media publish some of the allegation and nobody in gov cares about that
Canada is not the republic I guess
check the link and her youtube videos
http://www.youtube.com/watch?v=Mb5zpALTy88&feat…
Did anyone in gov cared about another public fighter Robert Verdun? He warned gov and public in 2001 that NT will defraud investors.
and what happened?
Comes the year 2004 and small investors like you and me lose all
10 million investors defrauded by NT stock_company in total; all of us lost $40 000 in NT on average
Did Nortel's employees care about that in the years, lets say 1998-2004 and latter?
some did
some of them were the real whistle_blowers informing all levels of gov about Nortel's frauds at their level of knowledge In SEC vs Nortel managers, case open in USA, in the case public papers they are listed one by one as xnr1 xnr2…whistle_blowers with their testimonies_affidavits
they were informing about false nortel accounting numbers…
Nortel's culture was stronger than that!
I am still very optimistic that public will know the answers about some Nortel's frauds if F Dunn is forced to testify
If F Dunn was forced earlier, Mike Z would not continue his lies to investors
if if
in the years 2005 -2009 NT stock publicly traded on NYSE and TSE let down millions of new investors to the total loss in that period of $25 bill
Is $25 bill loss of public money anything important to talk about in Canada when the stock in that period of time goes down from $5 to zero and 5 bill common shares?
sure the first part of this fraud is more impressive
Stock from the levels of $100 to $5 in the years 2000-2004 and more than 4bill common shares /look how in that period common shares increased from 4 bill shares to 5 bill shares, 1 bill new shares printed/
Today we can read that total claim in Nortel's BK ch11 is over $675 bill!
Who cares about that number in Canada?
behind that number of $675 bill are creditors, creditor's names are available in the court papers…
who cares…?
some publicly known personalities like Diana U cares
and that is that
Public Loves you Diana U!
I am just one of that public
yes4aapl
ExNtrl

For those of you who would like to read about how Verdun grilled the slimy executives here is the webpage
http://www.lightreading.com/document.asp?doc_id…

At least I can say for Dunn is he at least held the AGM. The GEniuses didn't even have the spin to face the music.
yes4aapl

I know Bob Verdun; we talked about NT at one point in our lives, me and him
mikehunt787878

you guys in Europe are babies!!! We got hit in Nort America too and in case you havn't realized — nortel enterprise is gone and everything else will be too very shortly.

go find a new job and stop complaining you little biatches!!!!
mikehunt787878

oh yeah, all you guys in England can go suck a d1ck too!
4merEmployee22

THE THING THAT WILL BE DEBATABLE IN THE FUTURE AFTER ALL THIS
NORTEL FIASCO IS…

ARE THE” BANKRUPTCY LAWS” MORE SUPREME TO THE
“EMPLOYMENT LAWS” ???
DOES THE BANKRUPTCY LAW OVERRIDES ALL OTHER LAWS
WHICH PERTAINS TO LABOR LAWS?

I NOTICED THAT THE CCAA IN CANADA HAD SEEM TO HAVE QUASHED
ALL OTHER EMPLOYMENT LAWS!

THE CCAA FEDERAL STATUTE HAD GIVEN FAVOURS TO ALL THE BIG FAT
BONUSES!, AND BIG FAT LEGAL SERVICES FEES TO ALL LAW FIRMS! I SAY?
protosphere

Nortel do anything illegal?
ha!

No better time to buy, 9 out of 10 top 500 fotunes use them, Energy tax, 3 to 5 year turnaround or $20 buying opportunity, slander Gary or promote pal doing whatever they want while cutting severances for their big business creditor pals, etc…

Ongoing troubles surface as creditors grow:

according to the Vancouver Sun Dec, 25, 2009:
“Nortel’s Canadian subsidiary will recognize a $2.1-billion US claim against its assets to substantially dilute the amount of money available for the other Canadian creditors.”

…taxman gets paid before everyone else

Questions what will be left even if they did pass the bill in the house of commons in time to pay severances before their big business creditors.

Nortel, largest fraud settlement in Canada they tanked with revisions while refusing to negotiate pay practices, reluctance to chase past officers after timely resigned board who got 3 years to repay bonuses, as Manley defends Dunn… endless…

Nortel makes Enron look like a choir boy with this level of mass orchestration and support at the highest levels, high government profilers on both sides of the border (Owens/Manley) and an army of loophole artists as they pay conflict of interest E&Y, pay bonuses /raises after folding, increase lawsuit insurance, trade options again, etc… endless I tell ya… to be seen to be believed.

“Yes” they broke the law as E&Y admits in the video above…and it sure isn't the first time.
NortelTragedy

Dante's Hell awaits Z, Hackney, E&Y, lawyers and those responsible … http://www.members.tripod.com/AJ_Gonzalez/hades…
whatnext4nt

Zafirofsky, Hackney, Roth, Dunn, Dolittle, etc:

Please read Dicken's “A Christmas Carol” and take notes, and search deep within yourself.

Are you not tormented like Scrooge on Christmas Eve? Have you no conscience? How do look yourself in the mirror? What do your children think of you? What do your parents think of you if they are alive? How do you sleep?

Wake up tomorrow like Scrooge did on Christmas day and change your ways!

Please don’t milk NT anymore for undeserved money – leave some small amount of what might be left for the people who truly deserve and need it.

Do the right thing for a change guys.
Teleguy

Does it even matter? Does anyone care? Can they do anything about it if Nortel did break the law?
Is there a timeline for this blog to wrap-up? It's been interesting at times, but it's been very selective. The Toronto Nortel people that the Mark knows have gotten off without a negative word. He's very selective in the posts. I understand as he has to make a living and the ex-Nortel people are part of that,but he hasn't been come clean about it. I hope before he wraps it up here that he does come clean. It really would unethical otherwise. Cheers and I wish everyone a happy New Year.

Sincerely,
Teleguy
http://nortelinsider.wordpress.com/ Desk Jockey

“Does it even matter? Does anyone care? Can they do anything about it if Nortel did break the law?”

Your quote here could be used for almost any corporate corruption or situation where someone has broken the law, just exchange “Nortel” for another bad guy.

If you do not properly enforce the law or create laws to prevent injustice, then invariably other corrupt individuals or corporations will exploit the same loopholes for their own benefit and to the detriment of society.

That is the true definition of “unethical” rather than your weak attempts to blame AAN for other troubles.
protosphere

You sound so jaded which makes claiming ethics contradictory. Who says Mark earns a living off ex-employees? You? Hahaha.

You must be one of the pumpers from Yahoo who stalked and personally attacked the proven critics all the way down as you still attack 99.9% later claiming who cares on one hand and cheers on the other…Sounds koo-koo-nuts on steroids to me. Am I right again?

Enough antagonistic insults, patronizing or totalitarian reporting others who clash with your view, stalking, etc., give it a rest already instead, brown nosing a corpse, is gross and exposes you. Cheers yourself and lay off the booze and koolaid if you want a happier new year.
Teleguy

I think Mark has done a fair job of documenting the injustices of Nortel and it's unethical executives, but he's never been very consistent, and he's treated the Toronto peeps he knows with kid gloves. Not a crime,and very understandable given his business and social interests.
Teleguy

As always, you cannot insult someone without writing multiple paragraphs. Ha. No worries. I liked your windbag posts that made sense sometimes.

I do not drink, but after reading this blog, I may start.
Happy New Year.
protosphere

I called you a drunk koo-koo nuts on steroids because we care about what is written here in the event you do not.

Good to hear you do not drink so long as this isn't denial too but now you can't even plead being drunk as an excuse. Happy new years before I forget, and cheers to you too, for some one who does not drink, heh. how can we doubt you, and who cares if you drink, and if you do, what can we do about it… =) Don't start on the booze as you claim because this doesn't cure pathological contradictions,it enhances them…

As you can see, I am not as tolerant and smart as our highly accomplished host and I am not too polite to avoid responding, let alone stooping to your level. As embarrassed as I might be at his frowning on this than my taking the higher road, I can not avoid telling you that you deserve to be scolded and drilled a new orifice for your rude lies.

Bad enough you slandered such a highly, highly ethical, and the industry's most renown and respected journalist by claiming he posts selective content…then to further falsely claim he profits from this, as a rude guest here abusing privileges. Like a gross car accident.

As much as I detest patronizing, did you see our bright star on BusinessWorld Television, does he strike you as unethical?! Was he selective in indicating the value of Nortel's patents than criticizing its past or weaknesses? All of his posts are objective, commentary on facts and only facts. He does not lie either! Everyone has the greatest respect, affection, and admiration for him.

You owe some major apologies, big time.

I am the one who is bias here if you must accuse anyone of selectively posting and I hope this post was not too long or windbagged for you to read or understand.

This fraud dog screwed everyone but the pigs at the trough while still there and who brought it down. Who's side are you on if you will kindly excuse the passion, the facts or denial and contradiction. slander and fraud… the good guys or bad guys?

Now say you are sorry for trying to feed us a thousand flies just can't be wrong again …and go soak your head, just don't let the bubbles make you dizzy when you flush.
protosphere

How has he not been consistent? Huh? What paranoia are you insinuating by Toronto people and with kids gloves? What is “understandable” to you in judging how you would conduct yourself.

Even the very first 2 words in the above post are a lie to claim “I think”!

Do you see why I think you are koo-koo nuts drunk?

You accuse with no substantiation whatsoever than fabrication, lies and slander. Total horsefeathers you expect readers to swallow when we clearly disagree.

re-read what DJ said, same thing I did:
“That is the true definition of “unethical” rather than your weak attempts to blame AAN for other troubles.”

…weak indeed, utterly challenged
protosphere

Dunn held an AGM way out East, claiming lower costs than Toronto. I wonder how much the private jet cost them to shuffle the Roth envy swindlers and timely resigned dream team who denied the obvious red flags they approved and benefit from. Liars.

Bob Verdun was right on, embarrassing management, with the same sheeple getting irritated waiting in line to ask questions, same sheeple that they convinced to vote to keep the fraud bonuses at a kangaroo AGM, kangaroo fixed should they have voted otherwise, like their refusing to negotiate pay practices in an ultimatum settlement …they tanked anyway with further revisions killing triple profits, downplayed like folding, and before $20 buying opportunity, cutting severances or trying to dodge government inquiry after largest fraud in Canada,…, so endless my reiterations must sound silly by now lest we forget =)

I hope the fraud trials finally, finally nail them with DOJ who withdrew earlier all ears on this one!
protosphere

yes, yes happy new year and cheers to you too, glad to see you did not disagree this is TiC…heh… other new IDs add numbers at the end of them lately

E&Y are in conflict of interest (like Manley defending Dunn), an extension of Nortel's big business / big bucks theatrics, all crooks. raises and bonuses approved under another ultimatum after folding before gov't. inquiry , increasing lawsuit ins to $300M, ironically trading options yet again to diffuse lawsuits perhaps…

phhhhht…
protosphere

Any company that takes on their culture of lies is doomed to fail, with so many still there… Avaya said there is no better time to buy Nortel, 9 out of 10 top 500 fortune companies buy Nortel, all misleading hype like Energy Tax BS…

Avaya is guaranteed failure beyond all odds by taking Nortel… to think they can still say or do whatever they want…

If it was a public company it would be a prized short. I expect them to tank and eventually fold to be sold out too in the not too distant future =) Only CIEN will do well out of all this I suspect.
yes4aapl

Dunn held an AGM way out East,
===
re
was it Dunn who decided to make the AGM difficult for investors to get there?
shareholder meeting today in Halifax, Nova Scotia — many of them from a single shareholder 2002!
Why Bob Verdun was ignored there is the most important question. The guy with power. He was a media guy with own newspaper!
after that He sold that newspaper!
They scared him with law suits as well.
Canadian mafia guys! crooks suporting crooks creating $300 bill nt frauds! next one is RIMM!
Who acquired his free press? google that one… pls
TongueInCheek

Understand that the majority of headline posts are not original content, but content re-stated or referenced from other sources easily found on Twitter, Google Alerts and other online publications. There's nothing wrong with that as it's just part of the process of managing a blog like this.

What's interesting though is that aside from NSN during the Wireless Auction, I don't recall seeing any posts from any other corporation participating in the various auctions. Certain NSN posters were bashed here which set the stage for all others to stay away, which is a very smart decision. With the bashing that goes on here, I would suspect that many of those companies would not consider doing business with ME Consulting in the future.
protosphere

Same message as Teleguy…but another ID…same writing style, same clown

Your speculation and “suspect” (above) is always wrong over the years…always

You lie again. The topics are indeed original, contrary to your claim of relentless searches. AAN is always first with the news and insight, most in depth, etc., as you go on to say “nothing wrong with that” or as your Teleguy ID says “understandable” like readers think like you.

It is a false stage you paint before unethically elaborating on it in your usually artsy manner for a tech head, as usual thweety. Shameless. What other board offers as focused and detailed information on Nortel? What slander yet again.

Don't blame the proven messengers for the bad news than the very facts themselves you dislike in denial and now anger.

I have already showed you how objective our host has been in beyond all fairness. The news got worse after folding and this mass orchestrated mega fraud with so many still there died, never to rise from the ashes again. Even the most bias critics such as myself have always been dead on correct before endless following events over the years with koolaid pumpers always dead wrong. Always but always.

If anyone bashes stupidity and misleading, I am to blame than some one so civil as to always take the high road and not stoop to the level of engaging in such challenged debate to expose. I don't mind exposing the antagonistic unethical crooks over the years than letting their posts speak for themselves. Why restricting the entertainment to the silent sophists than cater to the wider ranges of acquisition …to expose the truth yet again.

There are no boards for happy-talk or they would be as fabricated as your IDs slandering the messenger and now his very business. How rude and shameless, As illegal as stalking, misleading for gain, posting personal info, etc., on public message boards.

Why should Nortel breaking the law shock anyone more than its supporters who think they can say whatever they want like they don't care. The fraud trials will have more guys like me there to ask guys like you questions.

Nortel bashed everyone first and to the end, its employees and shareholders that they were to work in their best interests, everyone except their Roth envy bonus happy management with endless lies to no credibility. Nortel and its supporters lie, not the proven commentary on the very facts themselves which have been only too liberal in being objective if anything, totally contrary to your claims.

Downplaying, fabricating, and ouitright misleading has no place here and if you think slander or criticizing the host or his business holds merit, I strongly disagree, if who has been proven dead on over the years holds any merit, even when swimming against the contemporary tide. We called consistently and endlessly. Again, even when swimming against the enormous contemporary tide, we reiterated Nortel lies and sure enough…

Our host with who you have the privilege of being but a lowly guest here, is a highly respected, acclaimed, specialist, like a doctor, the industry embraces and admires, fully endorses, as the most authoritative voice in telecom. One than no one can dismiss when considering doing business with ME at anytime, regardless of what you suspect or speculate for having your bubble burst for brown nosing TongeInCheeks by pumping this dead fraud dog gone bust.

Facts are facts TongeInCheeks, whether anyone likes them or not. Shooting the messenger is a spoiled and immature mean spirited way of venting. Grow up and keep the slander to yourself. Your IDs have lost all credibility, they are antagonistic and borderline syndrome riddled at this stage. May I suggest you govern yourself accordingly because crooks are also proven stupid time and time again.

Yet again, this board's whipping boy is worthy of a good scolding… when will you ever learn TongeInCheeks, Nortel is gone, these are facts and not a bias or speculation. Gone, dead, no more… leaving thousands in its wake.
protosphere

Did Nortel commit Fraud.

-largest fraud settlement in Canada, one of the largest in the world, and with this level of mass orchestration perhaps the largest fraud on earth
-voted to keep fraud bonuses as they paid more bonuses throughout to even after folding, triple profits, marktomarket profits, exchange rate profits, profits for bonuses, fionancioal innovation, cuts for what couldn't be fixed, so long as there are bonuses
-traded options for cash again as Manley law firm defends Dunn and conflict of interest big business E&Y monitor cuts severances under loopholes for other big business pals
-CEO misleads with largest asset being a tax credit and getting sued for it with bankruptcy Binning, after promoting pal criminally charged, and tried to avoid government hot seat inquiry he reiterated his kids like Mulrroney with Bells on
-endless UNLAWFUL acts behind an army or lawyers who could rewrite the laws of physics (note recently increased lawsuit insurance to 300M whos premiums get paid first, like E&Y, legal fees, etc… even traded options for cash again ironically

…endless , endless, we can fill pages

Did Nortel break the law? They always do!

What can the victims do aside from lawsuits they seek to dismiss on jurisdictional grounds or pass bills to circumvent bankruptcy loophole the cut severances in favor of big business creditors… with thousands of lives suffering in its wake

Fraud trials on both sides of the border loom. Lets hope they are more fair than their big business and government contacts, ECD, OSC, and SEC… Where is the DOJ! Are they blind to all this as Dunn trials get a media blackout here.
yes4aapl

This blog is blessed by some posters like yes4aapl
let's look at AAPL stock
oh nooo
It makes new high levels
$214!!! and I recommended that stock when it was $10 in Jan 2004
wow holly cow and I don't want to brag about that
haha
less

Me, I'd consult with Mike Z any day. He made a few tiny mistakes here and there, like promising that no Chapter 11 was imminent, but never resorted to bashing anyone, which is the lone hallmark of a true leader.

I've since learned the word “imminent” represents a shorter timeframe in the ancient Macedonian dictionary/calendar. I blame my muticultural ignorance for having questioned Mike Zs integrity on that.

	Facebook
	Twitter: markevans
	LinkedIn: Mark Evans
	FriendFeed
	Flickr

Did Nortel Break U.K. Employment Laws?

Mark’s Blogs

Find ME Online

Categories

Blogroll