Another interesting observation: If I run

sudo NetworkManager --no-daemon

that seems to get the network back up even on this affected system. The
system simply refuses to init NM on startup. Perhaps this is related
also to upstart.

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https://bugs.launchpad.net/bugs/1007561

Title:
  Update to 0.9.4.0-0ubuntu4.1 results in no networking

Status in “network-manager” package in Ubuntu:
  Confirmed

Bug description:
  Did recommended upgrade to ...-4.1 Result: Waiting for networking on
  splash screen, followed by :waiting for further 60 seconds on
  networking on splash screen. at login ifconfig only shows loopback.
  Rolled back to ...4 and everything works as expected again.

  ProblemType: Bug
  DistroRelease: Ubuntu 12.04
  Package: network-manager 0.9.4.0-0ubuntu4
  ProcVersionSignature: Ubuntu 3.2.0-24.39-generic 3.2.16
  Uname: Linux 3.2.0-24-generic x86_64
  NonfreeKernelModules: nvidia
  ApportVersion: 2.0.1-0ubuntu8
  Architecture: amd64
  CRDA: Error: command ['iw', 'reg', 'get'] failed with exit code 1: nl80211 
not found.
  Date: Fri Jun  1 15:36:11 2012
  IfupdownConfig:
   auto lo
   iface lo inet loopback
   1dd 
   up route add -host murman.mooo.com.com gw 192.168.1.1 dev eth1
   up route add-host dropbox.com.com gw 192.168.1.1 dev eth1
  InstallationMedia: Xubuntu 11.10 "Oneiric Ocelot" - Release amd64 (20111012)
  IpRoute:
   default via 10.225.26.254 dev eth0  proto static 
   10.225.26.0/24 dev eth0  proto kernel  scope link  src 10.225.26.11  metric 
1 
   169.254.0.0/16 dev eth1  scope link  metric 1000 
   192.168.1.0/24 dev eth1  proto kernel  scope link  src 192.168.1.126  metric 
1
  IwConfig:
   lo        no wireless extensions.
   
   eth1      no wireless extensions.
   
   eth0      no wireless extensions.
  NetworkManager.state:
   [main]
   NetworkingEnabled=true
   WirelessEnabled=true
   WWANEnabled=true
   WimaxEnabled=true
  ProcEnviron:
   LANGUAGE=en_CA:en
   PATH=(custom, no user)
   LANG=en_CA.UTF-8
   SHELL=/bin/bash
  RfKill:
   
  SourcePackage: network-manager
  UpgradeStatus: Upgraded to precise on 2012-04-26 (35 days ago)
  nmcli-con:
   NAME                      UUID                                   TYPE        
      TIMESTAMP    TIMESTAMP-REAL                     AUTOCONNECT   READONLY   
DBUS-PATH                                 
   Wired connection 2        b2ae3014-0a2f-43a0-b871-0145e598e45d   
802-3-ethernet    1338575676   Fri 01 Jun 2012 03:34:36 PM ADT    yes           
no         /org/freedesktop/NetworkManager/Settings/1
   Wired connection 1        6a56ede1-cfd8-4022-af75-f7135514d62c   
802-3-ethernet    1338575676   Fri 01 Jun 2012 03:34:36 PM ADT    yes           
no         /org/freedesktop/NetworkManager/Settings/0
  nmcli-dev:
   DEVICE     TYPE              STATE         DBUS-PATH                         
         
   eth1       802-3-ethernet    connected     
/org/freedesktop/NetworkManager/Devices/1  
   eth0       802-3-ethernet    connected     
/org/freedesktop/NetworkManager/Devices/0
  nmcli-nm:
   RUNNING         VERSION    STATE           NET-ENABLED   WIFI-HARDWARE   
WIFI       WWAN-HARDWARE   WWAN      
   running         0.9.4.0    connected       enabled       enabled         
enabled    enabled         disabled

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