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To: Curtis E. Bemis who wrote (57711)2/19/2002 6:00:15 PM
From: Zoltan!  Respond to of 77400
 
Thanks.

Speaking of old Nortel, this can't be good:

Someone knew
Robert Lenzner, Forbes Global, 03.04.02

The Enron belly flop stunned almost everyone, but a circle of Wall Street pros had an early-warning system that you can't get to....

....Reynolds notes that as Nortel Networks, WorldCom and Halliburton get investment-grade credit ratings (BBB and better) from Moody's and Standard & Poor's, they are panned in the derivatives market, where the price of insurance coverage indicates that the debt is of junk status....
forbes.com