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Technology Stocks : The *NEW* Frank Coluccio Technology Forum

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To: Frank A. Coluccio who wrote (30958)8/15/2009 3:44:06 AM
From: elmatador  Read Replies (1) of 46821
 
Telstra dusts $1.2bn on pension liabilities

Posted by Steve Johnson on February 26, 2009 – 2:33 pm
Filed under Investing
Telstra’s public relations team are probably hoping the noise from Sol Trujillo’s departure will distract investors enough to stop them looking too closely at its financial statements. Buried on page 76 of the half-yearly results announcement, however, is the fact that Telstra’s pension scheme has lost a fortune.
blog.intelligentinvestor.com.au

As I am telling Frank, it is no longer about technology. It is about how to pay the pension liabilities.
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