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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: yard_man who wrote (197592)	10/15/2002 3:30:14 PM
From: reaper	Read Replies (4) of 436258

pension funding gap in the auto business a mere $30 billion biz.yahoo.com Reuters Business Report Automakers Face Huge Pension Gap -Fitch Tuesday October 15, 2:02 pm ET By Jonathan Stempel NEW YORK (Reuters) - U.S. auto-related companies will likely end their 2002 fiscal year with more than $30 billion of underfunded pensions, more than double the level a year ago, as stocks fall for a third straight year, Fitch Ratings said on Tuesday. good thing we have the braniacs at Fitch to figure this stuff out and give us timely warning. who the hell would have ever guessed this problem existed?? Cheers

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