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Posts: 155 | Thanked: 166 times | Joined on Oct 2010 @ Dublin
#61
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.
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