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To: mishedlo who wrote (185075)7/31/2002 5:39:20 PM
From: yard_man  Respond to of 436258
 
thanks.



To: mishedlo who wrote (185075)7/31/2002 5:50:12 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 436258
 
Practices like gaming the pension plans (especially of these big cap whales, like the 'Beamer and MMM) will ensure that the bear goes on a LOT longer than anyone anticipated...it will suck earnings out of these companies for years, until and unless the rules are changed for pensions accounting. Personally, I think if they were marked to market once a year it would end alot of this BS (as well as hold the pension fund managers to higher and more conservative investing standards).