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Re: Stole pension money for cash flow     31-Oct-09 01:40 pm    
Thanks for the correction..............don't expect Big E to stay around much longer than his contract requires, if that long.

This is just a stepping stone to get back to the "big-time" of the top 100 companies. That's why everything has to look good as quickly as possible, thus the refinancing binge out into the future and the ending of the pension.

Don't be surprised to see medical benefits for retirees (current and future) to be the next thing to go......after all they are not contributing anything anymore so why worry about them.


Sentiment : Strong Sell
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clearingblu...

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  Subject Author Rating Time of Post (ET)  
 
Yep stole money that should have supported the pension ...
jpprogers (2 Ratings) 29-Oct-09 08:34 pm  
 
The previous statement is 100% accurate. Less tha...
getitrightp... 30-Oct-09 01:19 pm  
 
The worst part is not even the loss of 100% l...
dgrogan30 (2 Ratings) 30-Oct-09 08:36 pm  
 
Actually by law they are required to ful...
clearingblu... (2 Ratings) 30-Oct-09 10:49 pm  
 
You are correct on everything excep...
dgrogan30 31-Oct-09 12:12 pm  
 
Re: Stole pension money for cash flow
clearingblu... 31-Oct-09 01:40 pm  
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Nalco Holding Co. (NLC)

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On Nov 25: 24.50 Up 0.10 (0.41%)
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