Stan and Barbara Araelien, former Nortel Networks employees, protested their loss of pension and severance pay in Toronto Wednesday. The telecommunications-equipment maker filed for court protection from creditors in the U.S., Canada and elsewhere in January. It’s being broken up in an effort to raise cash for creditors. (Mark Blinch/Reuters)(Wall Steet Journal)
The Wall Street Journal added the above picture to its picture of the day list in a report on the protest by Ex-Nortel employees at Queens Park in Toronto. It would be great if we had more support in the media on both side of the border to shame the Canadian government into doing something positive to help retirees from bankrupt companies.
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