Mr. Roy, a former Nortel Networks senior manager, did not realize he was headed for disaster when he exercised options on 5,000 Nortel shares at $50. It was the glory days when the shares were trading at $100 in the stock market, so his immediate gain was $250,000.

Earlier this week, I attended an invitation-only event in Ottawa, which examined the future of the country's so-called digital economy. Hosted by Industry Minister Tony Clement, the day-long conference addressed a sweeping range of topics, including among others:

I have a story about Nortel's (TSX:NT) downward spiral into bankruptcy protection in the next issue of Canadian Business, on newsstands this Thursday, Mar. 12. In it I report that Nortel has about 5800 employees in Canada, 4,000 of whom work in Ottawa at its Carling facility, and that there's ...

Mark Evans, the blogger and former National Post reporter behind "All About Nortel," got permission to reprint a report published by Dundee Securities' analyst Tom Astle in the wake of Nortel (TSX:NT) filing for bankruptcy protection last week. Astle's final thoughts on what he learned from 15 years covering Nortel ...

Why did Nortel fail? There are probably several valid perspectives on this, one being the bad luck to have an once-in-a-lifetime global financial crisis come along in the middle of a turnaround effort. A different political party or coalition in power may have also stepped in with a loan to ...

So it has come, finally, to this: Nortel files for bankruptcy protection.

Jon Ogg at 24/7 Wall St. wrote yesterday an unequivocally scathing assessment of Mike Zafirovski's term as CEO at Nortel. It's pretty hard to disagree—the stock is down about 98.5% since Mike Z.'s first day, Nov. 15, 2005, and as the downgrades just keep on coming (Zacks Investment Research's "sell" ...

Nortel Networks doomed? Why then the 35% rally on Nov. 13? Maybe some people think Nortel has a future – or at least that its shares will be more readily embraced when the global flight from risky assets attenuates?

File this under Weird: Nortel has produced a cartoon ad. You can see it here, on YouTube, posted by "nortelvids" and aptly described as: "This fully animated piece follows a lonely robot as he finds an energy efficient Nortel oasis in a dark and dreary future world."

Could the portfolio listed under rcarrick on Covestor.com belong to Globe and Mail personal finance columnist Rob Carrick? Covestor.com is a U.S.-based social-investing website that displays members’ actual portfolios by linking to their online brokerage accounts.