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To: Perspective who wrote (227828)3/13/2003 1:00:45 PM
From: reaper  Read Replies (2) | Respond to of 436258
 
i'm sorry BC, i did not see that. you would think that the existing holders of GMH would be pissed (not to mention that the pensioners ALREADY hold about 300mm shares of GMH). they seem not to be, though, as the stock is trading up today. guess everybody is still counting on Murdoch buying GMH.

Cheers



To: Perspective who wrote (227828)3/13/2003 1:28:30 PM
From: patron_anejo_por_favor  Respond to of 436258
 
<<I'm sorry - I have a serious philosophical problem with companies slithering their way out of the pension liability issue by printing brand new share certificates in lieu of placing cash in. You might as well just print a farking IOU and stick it in there.>>

They've learned from the "best"...BubbleBoy....that the solution to declining profitability or excessive liabilities is simple...print more paper and it all goes away!


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