Nortel
Nortel Upping The Suspense To Fever Pitch
Submitted by Tyler Durden on 01/13/2009 21:11 -0500
Our readers at Reuters picked up today where we left off yesterday, and apparently had more luck in getting through to someone at the company than just the switchboard...However, not much information was gleaned: "It is our policy to not
Nortel Upping The Suspense To Fever Pitch
Submitted by Tyler Durden on 01/13/2009 21:11 -0500
Our readers at Reuters picked up today where we left off yesterday, and apparently had more luck in getting through to someone at the company than just the switchboard...However, not much information was gleaned: "It is our policy to not co
Nortel Bondholders Biting Their Nails
Submitted by Tyler Durden on 01/13/2009 00:09 -0500As we reported on January 9, the likelihood of a Nortel bankrtupcy filing this coming Wednesday (coupon payment date) is high to quite high. Recent rumors from the underground community had suggested that Huawei was licking its chops at NT's metropolitan ethernet business and would pay up to $1 billion. However, based on reports from forbes and debtwire from earlier today, the deal is dead in the water. Ooops.
Citi Lives the Telecom Dream as Nortel is About to Wake
Submitted by Tyler Durden on 01/10/2009 00:21 -0500
It is good to see that even as the good men leaving the yellow van carrying a straight jacket (specifically outfitted with a bro/manzier for obvious purposes) are climbing up the arduous 59 stor- « first
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