This is one reason why the commons """maybe"""" get something at the end of this saga. People please!!! dont start with the arguments about BK situation,SEC Filings, Company PRs, bla,bla, bla.... just listen!
We have to remember that Nortel was a very big international corporation with decades of history and business developments, Thousands of their employees got retirement plans( pension, 401k, etc,etc) that put some and in other cases most of their money( retirement contributions) in Nortel(today NRTLQ) stock. With that being said, With todays BK situation, most of that money is gone! Once the auction is finalize and if and only if Nortel raise enough money to satisfy most of the claims! Because of the retirement plans situation( Nortel stocks- Pension Lawsuits-Claims) is perfectly logic that maybe a cash settlement/distribution to commons could happen..... This is just info and thoughts to any person looking at why the commons "maybe" get something at the end...... but right now is BK and pure speculation, happy trading.....
