Effen Posted January 25, 2006 Posted January 25, 2006 Great article, although I had a little trouble avoiding sweetmonkey. The material provided and the opinions expressed in this post are for general informational purposes only and should not be used or relied upon as the basis for any action or inaction. You should obtain appropriate tax, legal, or other professional advice.
GBurns Posted January 25, 2006 Posted January 25, 2006 I guess that this is 1 way to try and play the morbidity and mortality tables. Maybe we should call it MAMTA, Morbity and Mortality Arbitrage. I relieve myself of a burdensome obligation but I promise to keep you knowing and hoping that you will not be around to collect. In the meantime I get to use the assets of the burdensome but now frozen obligation to make my balance sheet look better. Look at the middle of this article onwards: http://www.axcessnews.com/modules/wfsectio...?articleid=7804 In the same year of announcing layoffs of over 30,000 employees, look at the reports on the GM pension fund: http://www.theoaklandpress.com/stories/011...006011401.shtml George D. Burns Cost Reduction Strategies Burns and Associates, Inc www.costreductionstrategies.com(under construction) www.employeebenefitsstrategies.com(under construction)
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