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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (11265)1/8/2003 12:46:49 PM
From: stockman_scott  Read Replies (1) | Respond to of 89467
 
12:41 ET GM General Motors may announce lower pension return expectations (38.47 -1.37)
Dow Jones reports that GM is poised to announce Thursday that it will lower its expected rate of return on its pension fund, a move that could reduce the co's earnings significantly; co had reported that its pension plans are seriously underfunded, possibly by as much as $23 bln.