Okay, so admittedly this isn't really another full-on restatement, but jeez-louise are those Nortel kids up in Brampton ever going to stop with the Chinese water torture? The Globe and Mail reports that they have found more that they need to change since announcing their most recent restatement, and my friend Mark talks about some of the likely reasons why they are doing it, but still.

For many, Nortel has gone from little credibility, to no crediblity, to "well it's just too silly to even be surprised at this point."

What a shame for a once-impressive Canadian global leader.

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