Executive Biography
Thomas Manley, Director; Chief Financial Officer, Avaya, Inc.

Thomas Manley joined the Board of Directors in August, 2008 and serves as chairman of the Deltek Audit Committee. Mr. Manley is a software and telecommunications senior executive with more than 25 years of global experience in a variety of leadership roles. He was appointed as the Chief Financial Officer of Avaya Inc., a leading global provider of business communications applications, systems and services, in July 2008. Prior to this position and beginning in 2001, Mr. Manley was the Chief Financial Officer and Senior Vice President, Administration of Cognos (an IBM company), a leader in business intelligence and performance management solutions. Before joining Cognos, Mr. Manley spent 18 years with Nortel Networks, most recently as Chief Financial Officer for the High Performance Optical Component Solutions Group.

Mr. Manley graduated with distinction from Carleton University in Ottawa, Canada where he received his B.S. in engineering. He received his M.B.A from Queen's University in Ottawa, Canada.

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http://www.theglobeandmail.com/news/opinions/a-…

Jul. 30, 2009

The crash and sale of Nortel comes as a heavy blow to John Manley. He was invited to join the Nortel board of directors in 2004, when the company was in a free fall. Nortel told him he could bring some well-needed credibility. Out of a sense of public service, he agreed.

Credibility was not forthcoming.

“I guess some of them thought that when I went on the board, it would change everything.”

He is angered that the federal government didn't come to Nortel's assistance.

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http://www.financialpost.com/scripts/story.html…

Think before regulating: John Manley

As a former politician, John Manley understands that the politically expedient thing for policy makers is to over-regulate in the aftermath of major events — a financial crisis, for example — to ensure history does not repeat itself.

But in his new job as president of the Canadian Council of Chief Executives, the former deputy prime minister and finance minister said it will be his task to persuade policy makers to think before regulating.

“we have to make sure that regulation is not stupid, that it doesn't lead to a loss of innovation and entrepreneurial-ism, because that is what will ultimately lead the economy to recover and to respond.”

“I don't' think any one argues there should be no regulation. But at the same time you want to make sure that you do it in an intelligent fashion, and that will be the task — that we don't saddle ourselves with something that may make some superficial sense, but in the long-run they are going to cost us prosperity.”

(look what fraud did to the economy and shareholders and he wants less regulation?)

In a statement, Gordon Nixon, Royal Bank of Canada CEO and CCCE chairman, cited Mr. Manley's political and business experience as a key reason why he was tapped to succeed Mr. d'Aquino. (as President of the Canadian Council of Chief Executives)
(Wasn't ex-Nortel insider and ex-CFO Currie also an RBC insider?)

He is currently senior counsel at McCarthy Tetrault, and sits on the boards of Nortel Networks Corp.

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http://www.thestar.com/Business/article/446516

Fallen Nortel boss busted

“It's the biggest (financial scandal) in Canada, one of the biggest in the world,”

McCarthy Tétrault, the law firm representing Dunn, said it expects him to be acquitted.

Executive Biography
Thomas Manley, Director; Chief Financial Officer, Avaya, Inc.

Thomas Manley joined the Board of Directors in August, 2008 and serves as chairman of the Deltek Audit Committee. Mr. Manley is a software and telecommunications senior executive with more than 25 years of global experience in a variety of leadership roles. He was appointed as the Chief Financial Officer of Avaya Inc., a leading global provider of business communications applications, systems and services, in July 2008. Prior to this position and beginning in 2001, Mr. Manley was the Chief Financial Officer and Senior Vice President, Administration of Cognos (an IBM company), a leader in business intelligence and performance management solutions. Before joining Cognos, Mr. Manley spent 18 years with Nortel Networks, most recently as Chief Financial Officer for the High Performance Optical Component Solutions Group.

Mr. Manley graduated with distinction from Carleton University in Ottawa, Canada where he received his B.S. in engineering. He received his M.B.A from Queen's University in Ottawa, Canada.

________________________________________________________

http://www.theglobeandmail.com/news/opinions/a-…

Jul. 30, 2009

The crash and sale of Nortel comes as a heavy blow to John Manley. He was invited to join the Nortel board of directors in 2004, when the company was in a free fall. Nortel told him he could bring some well-needed credibility. Out of a sense of public service, he agreed.

Credibility was not forthcoming.

“I guess some of them thought that when I went on the board, it would change everything.”

He is angered that the federal government didn't come to Nortel's assistance.

__________________________________________________________

http://www.financialpost.com/scripts/story.html…

Think before regulating: John Manley

As a former politician, John Manley understands that the politically expedient thing for policy makers is to over-regulate in the aftermath of major events — a financial crisis, for example — to ensure history does not repeat itself.

But in his new job as president of the Canadian Council of Chief Executives, the former deputy prime minister and finance minister said it will be his task to persuade policy makers to think before regulating.

“we have to make sure that regulation is not stupid, that it doesn't lead to a loss of innovation and entrepreneurial-ism, because that is what will ultimately lead the economy to recover and to respond.”

“I don't' think any one argues there should be no regulation. But at the same time you want to make sure that you do it in an intelligent fashion, and that will be the task — that we don't saddle ourselves with something that may make some superficial sense, but in the long-run they are going to cost us prosperity.”

(look what fraud did to the economy and shareholders and he wants less regulation?)

In a statement, Gordon Nixon, Royal Bank of Canada CEO and CCCE chairman, cited Mr. Manley's political and business experience as a key reason why he was tapped to succeed Mr. d'Aquino.
(Wasn't ex-Nortel insider and ex-CFO Currie also an RBC insider?)

He is currently senior counsel at McCarthy Tetrault, and sits on the boards of Nortel Networks Corp.

_________________________________________________

http://www.thestar.com/Business/article/446516

Fallen Nortel boss busted

“It's the biggest (financial scandal) in Canada, one of the biggest in the world,”

McCarthy Tétrault, the law firm representing Dunn, said it expects him to be acquitted.

The fraud settlement was not paid in full as settled, the shares portion they claime mark-to-market profits a wiped out their triple profits Q205 which was a future period, guaranteed to tank the stock, they downplayed. They even claimed they did not know they would fold when they had bankruptcy Binning on board for around a year after so many insider CFOs only. Endless strong circumstantial events just don't seem to be enough in retarded Canada where they extend liberties from listing largest pension shortfall in bond application to having largest asset a tax credit on books the extended cleaning half a decade.

It was endless, the point being it is as if the fraud was allowed to be perpetrated by those not at the crime scene (acting as a whole) by extending so many liberties, little or no fines, rewarding themselves to print paper after fraud settlement they tanked to paying bonuses after bankruptcy, and cutting severances, etc., as the most sinister corporation on earth.

Too many liberties, too many high profilers, and now too many court theatrics for the largest mass orchestrated fraud on the planet as Owens termed, so “many still there difficult to find”. He was not a shoe in like Mike who defrauds very first day or promotes and golden parachutes to Avaya criminally charged pals after so many abrupt departs, like slandered ethical Gary, ethics officer, etc… what an evil empire

To be seen to be believed, no where but in Canada my friend, and who is watching, who is listening, who is doing anything about it amid the macro-ambiguities as an army of lawyers try their hand at rewriting the laws of physics.

Oh Canada, strong and free? Thank god for Harper's distaste to adgates/airbusgates. Our spoiled and mean spirited provincial and municipal levels legalizing gambling with open season on the most disadvantaged are also as great as a joke as the OSC, and this is where most of Canada's population resides. Toronto burns, even our attorney generals seem to have some great privilege contrary to what they institute. Like EDC exporting jobs, it is endless. And plenty of reasons for outrage as people are led to slaughter or worse yet suffer all their lives under such tyranny with no change, no protest, no outrage.

It's a joke of a system past record bank/gov't profits/suplus as masses see record debt or jobless recoveries, endless mismangement and tyranny benefiting too tyrants few dishonestly. Honesty and hard work use to be a guarantee to success, now one needs loopholes, and army of layers, or enough political or economic power. Yesteryear's integrity and leaders are dead, their kids as an elite are corrupt and incapable, not better exemplified in analogy to Nortel. Copulate Nortel, they are thankfully gone, like disgraced governments.

a well deserved nightmare…..executives with strong ethical and moral standards have nothing to dread….

http://www.telecomtv.com/comspace_newsDetail.as…

Now, after making himself all but invisible for five years, Mr. Dunn is back – and squealing.

Dunn, who, at the time of his dismissal was building an opulent multi-million dollar lakefront mansion for himself and his car collection, is claiming that his director's liability coverage was rescinded without cause

So, did you manage to dredge up a scintilla of sympathy for Dunn from amidst all the ordure? No neither did I. Not even the tiniest glimmer of iron pyrites at the bottom of the pan.

Chubb rescinded the liability coverage provided to Dunn and Beatty back in 2003 on the grounds that there had been “misrepresentations”

Perhaps they can take it out of the huge bonuses they arranged for themselves?

the Royal Canadian Mounted Police and US criminal investigation agencies, continue on their stately way

SEC and other agencies are alleging Dunn and Beatty were involved in two completely separate frauds.

For five years, he has been facing this litigation and defending himself from allegations he says are false. And he is presumed innocent.”

Yes, and innocent too are all the Nortel shareholders. Also blameless are the thousands of ordinary Nortel staffers
as the company's pathetic management fiddled as Toronto burned and their personal bank accounts swelled.

Lawyer Heinzmann contends that “nobody can defend themselves against the SEC without the insurance that was in place for his protection” and that Dunn “should not have to bear that burden.” Oh really? Why not? Lots of other, very much poorer people are having to bear onerous financial burdens because of him.