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Pension Plans: Are Big U.S. Firms Betting on a Bull Market with New Accounting Step?
International Business Times Mar. 6, 2012 There has been a significant but mostly unnoticed shift in the way big U.S. companies account for the pensions on their books. On the face of it, this appears to be little more than a change in arcane bookkeeping procedure. But it could be a sign that corporate America is betting on rock-bottom interest rates and a continuing economic rebound through this year and next. |
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