How Nortel Networks Became the Enron of Canada скачать в хорошем качестве

How Nortel Networks Became the Enron of Canada

Head to https://brilliant.org/wallstreetmille... to start your free 30-day trial, and the first 200 people get 20% off an annual premium subscription. In this video, we delve into the intriguing story of Canada's former telecommunications giant, Nortel Networks. At the dawn of the new millennium, Nortel was an industry leader, a powerhouse that played a key role in the global telecommunications landscape. Its infrastructure was pivotal, carrying an estimated two-thirds of all internet traffic in North America in the year 2000. Nortel, with its staggering 90,000 employees, not only stood as the largest company in Canada, but also represented one-third of the value of the Toronto Stock Exchange. However, the company's astounding success proved to be transient. The burst of the tech bubble led to a catastrophic plunge in Nortel's share price, obliterating billions in shareholder value. In the midst of the company's nosedive, scandal erupted, with allegations of top executives concocting a scheme to manufacture counterfeit profits, lining their own pockets with millions in bonus payments. Despite efforts to compete and regain stability after the fraud was unveiled, Nortel continued its descent. The company filed for bankruptcy protection in 2009, marking the end of an era for Canada's largest ever company. With this video, we invite you on a journey through the astonishing rise and precipitous fall of Nortel Networks. Get ready for a riveting exploration into one of the most dramatic tales in the telecommunications industry. 0:00 - 2:37 Intro 2:38 - 6:22 The bubble 6:23 - 14:18 The fraud 14:19 The collapse Email us: Wallstreetmillennial@gmail.com Support us on Patreon: https://www.patreon.com/WallStreetMil... Check out our new podcast on Spotify: https://open.spotify.com/show/4UZL13d... All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out. #Wallstreetmillennial #canada –––––––––––––––––––––––––––––– Buddha by Kontekst   / kontekstmusic   Creative Commons — Attribution-ShareAlike 3.0 Unported — CC BY-SA 3.0 Free Download / Stream: http://bit.ly/2Pe7mBN Music promoted by Audio Library    • Buddha – Kontekst (No Copyright Music)   ––––––––––––––––––––––––––––––