Nortel makes amends with ... wait for it folks ... more shares!
9th Feb 2006, 11:29 GMT
The final insult, when it comes, is always the worst.Perhaps you are one of those people who owned Nortel Networks shares during the Frank Dunn era. You watched as an apparent recovery turned to dust and Mr. Dunn's earnings-management scheme unravelled. You waited for nearly a year as the company went through a torturous scrubbing of its books, under the command of a former military guy who knew little about telecom. You cringed when his would-be successor bolted after three months. When you open your portfolio statement, you simply want to cry. (INSIDER Edition subscribers only)