January 14, 2009
The company’s falling into bankruptcy proceedings is the ultimate progression of decades of flawed strategies, management hubris and a clubhouse full of disengaged directors. With its Chapter 11 filing in a Delaware court today, Nortel is making its final journey as the company that once aspired to be a world-class technology player. It is unlikely [...]
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December 12, 2008
General Motors and Nortel look at bankruptcy. The BCE deal dies. The Bernard Madoff fortune-making machine was a fraud. The demise of once commanding forces takes its toll and causes us to have many questions about the permanency of success and the always-looming specter of disaster. This week revealed things no mortal was ever supposed [...]
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