back then, Nortel bought some Israeli startup. Deal was mostly paid by in nortel stock. Everybody in startup became millionaire over night. So they went to Isra

back then, Nortel bought some Israeli startup. Deal was mostly paid by in nortel stock. Everybody in startup became millionaire over night. So they went to Israeli IRS to negotiate a "deal" for reduced taxes/etc. While they were negotiating nortel stock dived and everybody lost everything. edit. startup was chromatis. but it was lucent who did buying and not nortel.