Diablo still raiding Pension Funds ???

Thread view:

Enable EMail Alerts

Start New Thread

Thread rating:

jgrove24@hotmail.com - 31 May 2007 00:12 GMT

"As businesses, Alcatel and Lucent might be a commercial match made in
heaven. But their respective pension plans are worlds apart.

For starters, Lucent, based in Murray Hill, N.J., has $34 billion in
defined benefit assets centrally run by its wholly owned subsidiary
Lucent Asset Management. As of Sept. 30, the company's combined three
pension plans - one covering management employees, the second for
other U.S.-based employees, and a third for non-U.S. employees - had a
$2.69 billion surplus. The overflow allowed Lucent to declare $973
million in pension benefit credits toward the company's net operating
profits totaling $1.18 billion, according to the company's 2005 annual
report."

The 2006 report had similiar "adjustments" to boost profits...JG

Reply to this Message

mail1227418@lawrabbit.com - 31 May 2007 09:29 GMT

On May 30, 4:12 pm, jgrov...@hotmail.com wrote:

> "As businesses, Alcatel and Lucent might be a commercial match made in
> heaven. But their respective pension plans are worlds apart.
[quoted text clipped - 10 lines]
>
> The 2006 report had similiar "adjustments" to boost profits...JG

rsbandit2000@yahoo.com
trevinsprulin@yahoo.com
BM6064280@yahoo.com
rsbandit2000@yahoo.com
stephen.camy@btinternet.com
ckaye_4e@yahoo.com
wifehole4blacks@yahoo.com
southindycple@yahoo.com
bricks1969@hotmail.com
xmlm39@sbcglobal.net
detbicouple@yahoo.com
ebonyboon@yahoo.fr
retmiloff1956@yahoo.com
odekka@gmail.com
artuspanirukian@hotmail.fr
geopleaser@hotmail.com
mwashington685@sprintpcs.com
prcurious2@yahoo.com
prcurious2@yahoo.com
    tgluv2pls@aol.com
ster71128@gmail.com
    wifepimp@hotmail.com
write me at nightlight1933@yahoo.com
themalachais@hotmail.com
    nightlight1933@yahoo
Mlherber@eagle.fgcu.edu
themalachais@hotmail.com
eatsherafter@yahoo.com
geopleaser@hotmail.com
cumstars@hotmail.com
king1of1htown@yahoo.com
tgothegreat@myway.com
slutdelux@hotmail.com
roscolee01@excite.com
sunbich347@yahoo.com
ilovetoswallowbigcocks@yahoo.com
cpl06chamantsttbmprelle@hotmail.fr
Jay_woods@hotmail.com
black_stud1@hotmail.com
black_stud2@hotmail.com
black_stud@hotmail.com

Reply to this Message