January 21, 2005

Stockholders vs Workers

Last August Bernard Condon wrote about "The Coming Pension Crisis"   in Forbes  to say that 13 companies in the S&P 500 owe its workers more in pension payments than the companies would be worth in liquidation.
They are:

  • Delta Air Lines (DAL)
  • Lucent Technologies (LU)
  • Goodyear (GT)
  • Delphi (DPH)
  • Navistar (NAV)
  • AES (AES)
  • Avaya (AV)
  • Maytag (MYG)
  • Hercules (HPC)
  • UST (UST)
  • Allegheny Technologies (ATI)
  • Avon Products (AVP)
  • Ford Motor (F)

If six months later the picture hasn't changed, how do these companies continue to attract investors?
 

Posted by Jill Fallon at January 21, 2005 08:04 PM | Permalink
Comments