October 20, 2004
Oh Oh! More Disclosure Issues around Pensions
Are Ford and GM's earnings real or not? This is disappointing when you are depending on large companies to determine where the economy is going, much less if you are actually a shareholder. Pensions are going to the next big problem. They are huge and disclosure issues are rampant. Wow, there are a lot of rocks to turn over before full disclosure happens.
For an excerpt of an article, see here:
"It must be hard being a gigantic, globe-spanning corporation like General Motors or Ford. You've got hundreds of thousands of employees all over the world, revenues that fluctuate by billions from one day to the next, and yet Wall Street analysts want you to turn in dependable profits quarter after quarter. Luckily, however, you have an ace in the hole - a storehouse of value worth billions of dollars, which you can use to help smooth out those rough spots. It's called your pension plan." For the complete article click here.
For rapid and effective tools to manage your Sarbanes-Oxley project, see www.issuescentral.com for more on Issues Central Sarbanes-Oxley Compliance Playbook(tm) or call (416) 977-1496.
For an excerpt of an article, see here:
"It must be hard being a gigantic, globe-spanning corporation like General Motors or Ford. You've got hundreds of thousands of employees all over the world, revenues that fluctuate by billions from one day to the next, and yet Wall Street analysts want you to turn in dependable profits quarter after quarter. Luckily, however, you have an ace in the hole - a storehouse of value worth billions of dollars, which you can use to help smooth out those rough spots. It's called your pension plan." For the complete article click here.
For rapid and effective tools to manage your Sarbanes-Oxley project, see www.issuescentral.com for more on Issues Central Sarbanes-Oxley Compliance Playbook(tm) or call (416) 977-1496.
