This isn't an actual management miscue - or at least a management miscue in this administration...The fact is that the pension obligations were not estimated accurately (to no ones fault in management - probably an actuary somewhere) based on certain assumptions that were too rosy. If they would not of been dumping cash into the pension plan, we would be seeing an even greater deficit and larger hole to dig out of. The fact is the pension are not growing by new participants but through legacy pension holders (*cough* ROB)MjH
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra