Nortel has settled its lawsuit with the Ontario Securities Exchange by paying a fine, which effectively covers the OSC expenses in the lawsuit. There are differing views on whether this is punitive or simply a recoupment of money spent, but have a read; it is interesting.
TD Canada Trust announced good numbers today, and Bank of Montreal did ok yesterday too, but again, my DRIP is going to get snookered because I don’t have enough shares in these two powerhouses. Darn!
BMO did this even with their resource commodity traders being put under investigation mostly due to their incompetence? Strange stuff, you would have thought it nearly impossible to lose money in the world of resource trading?
Expect more construction on the website; any commentary would also be appreciated!
Nortel related articles
- On Being Laid Off (a retrospective) what had I learned the 10 years after getting laid off.
- A Year Ago, written a year after that day I was laid off luckily I was waiting to start a new job
- Sometimes it is better to be lucky a retrospective about how lucky I was to get laid off when I did. Read on to find out why.
- Pensions and Severance an important topic I took from my layoff from Nortel.
- Twenty Years in One Line is what my severance letter did. My 20 years are summed up in a sentence.
- Financial Issues With Severance what do you do with your severance if you have options? If you get severance as well.
- On Being Laid Off my explanation of being laid off from Nortel, a day or two afterwards.
- Nortel Still Paying Out? Really, well not that much.
