View Single Post
Posts: 1,033 | Thanked: 1,013 times | Joined on Jan 2010
#63
Originally Posted by Faustino View Post
I fear there could be a case of serious fraud going on at Nokia right now.
Everyone knows they are sitting on cash reserves of a few billion, yet there has been recent reports that they are turning to Microsoft to help with financing? Where did this come from?

http://gulfnews.com/business/telecom...-out-1.1019168

It makes no sense at all that a company with large cash supplies would risk being financed by a huge company like M$, that basically means if things get worse and M$ call in the loan, they will own the kitchen sink if Nokia cannot pay them back.
It would basically mean that they are selling their soul to MS.
 

The Following User Says Thank You to patlak For This Useful Post: