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Re: Greencake post# 40605

Wednesday, 01/14/2009 8:44:54 AM

Wednesday, January 14, 2009 8:44:54 AM

Post# of 55859
(RTTNews) - On Wednesday, Nortel Networks Corp.(NT: News ,NT.TO: News ) plans to file for bankruptcy protection as early as today, report said. The report said that the company failed to find buyers for a number of divisions that were put up for sale in September, and faces the prospect of paying US$107 million of interest on its debts tomorrow.

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