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IBM Positive article about 401k   Message List  
Reply | Forward Message #67698 of 68073 |
Re: IBM Positive article about 401k

--- 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!
>


Don't forget, the press also subverted the fact that 10,000 employees have been
fired since January.






Fri Jul 10, 2009 12:14 pm

ignatz713
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Message #67698 of 68073 |
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Our "friend" Randy MacDonald is quoted in the article: http://www.businessweek.com/magazine/content/09_28/b4139058355275.htm?link_position=link5 Actually,...
alwaysontheroad4bigblue
alwaysonther...
Offline
Jul 9, 2009
9:31 pm

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...
finitewisdom
Offline
Jul 10, 2009
2:48 pm

... Don't forget, the press also subverted the fact that 10,000 employees have been fired since January....
ignatz713
Offline
Jul 10, 2009
2:52 pm
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