Nortel weighs bankruptcy - 0 views
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d hall on 15 Dec 08It's almost unthinkable. Could telecom vendor giant Nortel enter bankruptcy protection in the near-term? That's what Nortel, whose recent financial woes have been well chronicled, is contemplating, according to a Wall Street Journal piece that reported the company had begun consultations with lawyers and/or consultants on that very scenario, in case its restructuring plan falls through.