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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (12450)	4/22/2004 2:53:10 PM
From: ild	Respond to of 110194

<<you sure you ain't gonna get steamrolled here ? -ng- >> If I get steamrolled it won't be for the first time. -g-

To: re3 who wrote (12450)	4/22/2004 3:13:10 PM
From: Cogito Ergo Sum	Respond to of 110194

retired ? :o) Anyway... Yesterday Dodge says the following but I wonder .. maybe we won't have enough gov pension funds :o) theglobeandmail.com snip.. Rethink CPP's age-65 rule, central-bank chief urges By HEATHER SCOFFIELD Wednesday, April 21, 2004 - Page A1 OTTAWA -- The federal government should reconsider automatically handing out Canada Pension Plan benefits to Canadians at age 65, Bank of Canada Governor David Dodge said yesterday. Today... Companies have a problem... globeinvestor.com snip... Pension shortfalls threaten to explode $18-billion in investment losses will force companies to shell out more to fund benefits plans, ELIZABETH CHURCH finds ELIZABETH CHURCH Monday, May 12, 2003 Advertisement Hide advertisement Canada's largest corporations face mounting demands on cash and higher expenses because of dramatically deepening losses last year in their employee pension plans.A Report on Business study of the 104 companies on the SandP/TSX index with defined-benefit pension plans found that only 23 showed a funding surplus in their most recent fiscal year, and even these firms saw once hefty cushions shrink substantially. * Full list of companies * Other charts But what's this ? Lots of boomers like me remember that old Monkees tune Daydream Believer ? Oh, and our good times start and end Without dollar one to spend. But how much, baby, do we really need. theglobeandmail.com snip.. Mandatory retirement? Many can't wait to walk Even if move means financial sacrifice By VIRGINIA GALT WORKPLACE REPORTER Thursday, April 22, 2004 - Page B1 The day after Bank of Canada Governor David Dodge said Canadians should not be forced to retire at age 65, results of a new survey showed that the vast majority, in fact, cannot wait to leave their jobs. Most Canadians opt for early retirement, even if it means financial sacrifice, said Toronto-based Hewitt Associates, which found that the top reason given by retirees is: "I no longer enjoyed my work. Maybe I should be buyin' shares in Tender Vittles and Alpo... Spots...