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My general impression from looking over my Dad's offer is that the offer was fair and taking it would be a worthwhile on a numbers basis.

However, you have to take into account the personal aspect of the equation. He just doesn't trust investing at all and would prefer to let things remain as they are. He doesn't believe that he could get the job done on his own.

He asked me to come along and listen to the presentation of the offer done by Deloitte. There was a lot of skepticism in the room. I was kind of surprised that some (relatively few) people actually seemed a little put off. I'm not sure why, since it was clear that taking the offer was optional. It seems like retirees are taking this as a signal of more to come.

I have no idea how many will take it, but on average, I don't think this is a group of people that trust the market well enough to accept the investment risk. They're likely to prefer that Ford retains that investment risk. Rob will take the money and run, but the sense I get from Dad and his friends is that they'll take the known evil over the unknown. Curious to know what Rob's take is on this...

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