Article Info

Link: Bloomberg.com: Nortel Bankruptcy ‘Blow to Psyche,’ Investors Say

Nortel Bankruptcy ‘Blow to Psyche,’ Investors Say

The quality of management is what did them in… They went on an acquisition spree during the Internet bubble but they paid over the top for assets and never managed to get rid of the debt.

A lot of drinking in Ottawa tonight.

Discussion

Comments are disallowed for this post.

Comments are closed.