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Articles: commentary: 2009 January

<< Previous: 2008 December | Back to Most Recent | Next: 2009 February >>

Page 1

Nortel Freezes Severance
Thursday, 2009 January 15 - 12:38 pm
Nortel Networks announced that recently laid-off employees would not receive their severance packages. The packages are frozen as part of the bankruptcy proceedings, and it's likely that after other debts are paid, there'll be nothing left for severance.

People who have been laid off within the last sixty days are most heavily affected, since there's a sixty-day period from the time of the layoff until severance pay begins.

Pension funds and vested 401k accounts should not be affected by the bankruptcy.
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Posted by Ken in: commentary

Nortel Files for Bankruptcy
Wednesday, 2009 January 14 - 12:04 pm
Nortel Networks filed for Chapter 11 bankruptcy protection today. Shareholders to be screwed first; employees shortly thereafter.
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Posted by Ken in: commentary

You Have the Right to Remain Silent
Monday, 2009 January 5 - 9:49 pm
I'm generally fascinated by Constitutional law issues. I regularly read a blog called SCOTUS Blog, and today they listed several cases up for certiorari. The one that I'm particularly interested in is Illinois v. Lopez.

Read more...
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Posted by Ken in: commentary


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