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To: yard_man who wrote (117660)	8/20/2001 3:50:40 PM
From: Haim R. Branisteanu	Respond to of 436258

tippet, I am a bit familiar with the German pension system. It is much more human than the US system. In comparison the US pension system is run by a bunch of barbarians who care less about the elderly, never mind that they themselves receive fat salaries. WS is notorious of being anti - human on benefits and perks to others (but to themselves excluded) and as such I assume they will hammer the Euro when ever possible. Any company that fired people or plundered their pension funds "from excesses" got a substantial mark up in the stock price BWDIK Haim