JimN

Nortel News: Rethinking Bay Networks Acquisition, Delisting Threat

Maybe I'm not the most authoritative person to comment here but having lived through that and saw first hand how this went... I've read plenty of commentary on the subject but its always easy to be an "arm-chair quarterback". Regardless, the recent article from HBR regarding flawless execution, is absolutely applicable. Even 8 years later, NT was still treating Bay separately so simply put, it wasn't the concept that was flawed or even the opportunity, it was in the execution. That was one for the business history books as a good example of how not to merge two companies.

At the end of the day, Nortel had and still has some of the most brilliant minds in technology and have had some outstanding ideas and concepts but as in any business, its how you execute that differentiates you.

Homebuilder Bailout: An Updated Analysis

This is nothing less than another fine example of pork-barrel-spending and how this continues to proliferate boggles my mind. Yes; we need change but its not just the President who has to change but the majority of old and tired senate and congress that needs radical change. Our government has become too fat and too eager to print money for the sake of special interest and it has to stop.

Obama's recent faux pas statement of middle America - what I get from that is he's partially right... but that its really the MAJORITY of American's who disapprove of the way government has acted, not just the President. Support for special interests which the media who intentionally targets with myopic fervor that the MAJORITY of American's are becoming increasingly enraged over. Unfortunately, we're not yet enraged enough to really do something about it and until we make a stand, this sort of thing is going to continue.