Comments on: Did Nortel Break U.K. Employment Laws?

By: 4merEmployee22

4merEmployee22 — Thu, 07 Jan 2010 08:16:14 +0000

Oh yah! $5,000,000 Legal Service Fee in 6 months work!
The Monitor has Lawyers to defend them too just in case of screw ups!

No one on this planet earth can stop them!!! There are loopholes in the
CCAA Federal statute Acts! Yes, they really know how to apply the torque!

One wonders if it is really Nortel that is asking for EXTENTIONS in the
Bankruptcy Protection processes to restructure the company, or it is the Monitors
wishes??? But then again, seems like there will be no more restructuring.
Instead, Business Units are just being sold- off one by one!

How will we know if they are really meeting the Arrangements to compensate
their Creditors?

Sad?

By: 4merEmployee22

4merEmployee22 — Thu, 07 Jan 2010 03:16:14 +0000

By: Benny_Hill

Benny_Hill — Mon, 04 Jan 2010 13:39:46 +0000

I could be totally wrong but personally I get the impression that Ernst & Young are stringing out the Administration process for as long as possible to maximise their own fees which must be running into millions of dollars. It's in their own selfish interests to do this and of course, this is not in the best interests of Nortel and its creditors. The insolvency laws need tightening to prevent this from happening and the courts should scrutinise more closely the actions of the companies appointed as Administrators to prevent this blatant abuse.

By: Wobbler

Wobbler — Thu, 31 Dec 2009 10:35:26 +0000

thing, I hope to see you in the MOP canteen, I agree with you, good luck with Avaya.

By: yes4aapl

yes4aapl — Tue, 29 Dec 2009 18:23:29 +0000

O ya on paper
I used monopoly game's money

By: Wobbler

Wobbler — Tue, 29 Dec 2009 15:03:29 +0000

your name is a true reflection of your personality, you really are CUN7

By: thing

thing — Tue, 29 Dec 2009 09:06:21 +0000

Good for you, you must be rich!

By: thing

thing — Tue, 29 Dec 2009 09:02:41 +0000

Nortel still has money, and I see no reason for former employees to stay down after being trampled over. If you let employers to get away with everything, you only end up storing even more problems for us plebs in future. I know many in this video Have got jobs now, but I'm happy to see they won't let Nortel or E and Y get away with it. Even if they get nothing out of it now, the bad press will will atleast make other companies realize that it's not an easy road for them to take and get away with. So again, kudos to all of those who have spent time and money exposing the crooks to the masses. Make e&y pay!!! Their employees only seem to turn up in BMWs or Mercs! I'm glad they don't have any access into the Avaya building.

By: less

less — Mon, 28 Dec 2009 21:41:03 +0000

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.

By: yes4aapl

yes4aapl — Mon, 28 Dec 2009 21:21:41 +0000

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