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

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To: who cares? who wrote (207520)12/2/2002 12:29:40 PM
From: reaper  Read Replies (2) of 436258
 
"Since then, with the recovery in markets, that underfunding has diminished, I don't know the latest numbers, but my guess is it's by over a billion dollars," he said.
biz.yahoo.com

this is their farking TREASURER. you wouldn't think it's that hard to figure out their investment returns in our modern high-velocity internet-connected world.

i also like this...

"The big issue about the pension fund, and the issue that I personally take some comfort from, is this is a long-term obligation," he added.

he takes COMFORT from the fact that its a long-term obligation. excellent logic this guy has.

with these sorts of quality people running the company, it is easy to see how Ford will be back to a $30 stock in no time.

Cheers
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