This is little more than a fluff piece to give IBM some badly-needed positive
PR.

Gee, if the 401K is *that* good, why do the executives need their own defined
benefit plan?

There's some commentary on the article (as well as other IBM foibles) here:
http://hrside.blogspot.com/

--- In ibmpension@yahoogroups.com, alwaysontheroad4bigblue <no_reply@...> wrote:
>
> Our "friend" Randy MacDonald is quoted in the article:
http://www.businessweek.com/magazine/content/09_28/b4139058355275.htm?link_posit\
ion=link5
>
> Actually, IBM's 401k is good. However, that doesn't excuse the screwing that
IBM did to participants in its traditional defined-benefit plan. The press, or
course, is easy on Randy...they make it appear like he's our "bestest" friend
ever!
>