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To: patron_anejo_por_favor who wrote (190789)9/5/2002 5:59:51 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 436258
 
story.news.yahoo.com


Pension revenue can mislead investors
Thu Sep 5, 9:49 AM ET
Christine Dugas USA TODAY

Phantom pension revenue is coming under fire as critics complain that pension accounting rules can mislead investors about the financial health of many companies.






''If stock options were the accounting issue of 2002, then there's a good chance that pension accounting will be the issue of 2003,'' says David Blitzer, managing director at Standard & Poor's.

Companies in the S&P 500 with pension plans said they accounted for 8.2% of operating revenue last year, according to Morgan Stanley. But pension revenue wasn't really that high..........



To: patron_anejo_por_favor who wrote (190789)9/5/2002 8:26:43 PM
From: Lucretius  Read Replies (1) | Respond to of 436258
 
see CDWC? ... rofl... joke