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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (17515)2/11/2003 10:49:10 AM
From: Pink Minion  Read Replies (1) of 18998
 
What's your thoughts on the under funded pension problems? Is this a congressional hearing just waiting to happen.

What am I missing? GM is under funded by $20 Billion (or is it $98 Billion) and there market cap is only $22 Billion.

All these companies didn't have to contribute during the bubble years and now surprise, surprise, they're a little short. I can already see poor grandpa testifying.
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