Nortel declared bankruptcy today. That's a shocker (not really). Will need to get more info from Jeremy when he's in town this weekend.
Also was forwarded a nice succinct article regarding the change in leadership at Borland. Basically, it says that our former CEO created a mess in the 3 years that he headed the company, and "when a company promotes its CFO to acting CEO, instead of advancing a sales or product executive, that’s a good sign that the company’s going to be sold soon."
And if you're in the market to refinance your home, this article from the WSJ might be helpful.
2 comments:
Well timed article on the refinancing; right now I am in the process and getting 4.75% quote with 0 points, but it will cost me $3300. Though I can streamline for $0.00, but only get a 5.25% rate. Hmmmmm, what to do...
Seems like when I get laid off from Nortel I shouldn't apply at Borland. Ugh.
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