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Zorax

06/27/11 9:48 PM

#9015 RE: hawkmd #9014

Thousands of their employees got retirement plans

~!~ Almost always a huge reason for BK's. Paying retirement plans and also overly generous golden parachutes to the executive crowd.
Wouldn's surprise me nortel is under water with the pensions and assorted programs all over the world... there will be a public report available after the bk closings are completed. There always is.