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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Alias Shrugged who wrote (173792)6/19/2002 9:10:30 AM
From: ild  Read Replies (1) of 436258
 
Mike, with Louis Gerstner gone it would be prudent to do housecleaning that could be still blamed on him. If they wait too much it is going to be blamed on the new guy. Also, IMO it depends on what other companies do. IBM can't be left alone with 10% assumption rate if all other companies have 8%. Is there current tendency to adjust assumption rate? I know that Warren Buffet has something around 6%. Did you consider what IBM's liability going to be if they adjust assumption rate?
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