--- justa_bean_counter wrote:
> --- fhawontcutit wrote:
> > http://www.reuters.com/article/newsOne/idUSTRE50742S20090108
> > The shortfall suggests that more companies will have to pump
> > cash into their pension plans to ensure they can meet their
> > commitments to retirees.
> > --------
>
> It will be very interesting to see if IBM either A)pumps cash
> into our pension trust or B)uses their cash to buy back millions
> of dollars of IBM stock. Doing 'A' benefits us. Doing 'B'
> benefits executives.
>
> Perhaps IBM is so cash rich they can do both? nah......
>
> Kathi Cooper

Of course, they could do both. Dump a bunch of IBM stock into the pension fund
then buy it back. Sure it is like making a blanket longer by cutting off 6
inches from one end and sewing it on the other but we've been doing that for
years and everyone is still staying warm. Aren't they?

-- Don