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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: I_C_Deadpeople who wrote (5274)4/29/2004 6:34:32 PM
From: Wyätt Gwyön  Respond to of 116555
 
believe the steel pensions were also dramatically underfunded due to the use of optimistic assumptions, such as 9 or 10% return, etc

yep, and 9-10% just happens to be the most common assumption of corporate pensions today. higher assumptions allow them to declare higher earnings.



To: I_C_Deadpeople who wrote (5274)4/30/2004 10:59:38 AM
From: Jim Willie CB  Read Replies (4) | Respond to of 116555
 
what do biggest 30 USA corp bankruptcies have in common ???

ANSWER: labor unions

wow, jim


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