I attended a Canadian Parliamentary Finance Committee yesterday at which Mike Zafirovski, the CEO of Nortel, defended bonuses for execs, and Nortel Pensioners presented their case. One headline read "Zafirovski faces MPs, angry Nortel pensioners".
You can read Zafirovski's opening remarks yourself.
The stated perception from Nortel Pensioners was that all of Nortel will be sold off.
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