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The Goodyear Tire & Rubber Company Message Board

  • cindybinxxx cindybinxxx Nov 5, 2012 9:15 PM Flag

    Goodyears pension funds are most underfunded of corporate pensions

    meaning these bozos that take early outs will end up bagholders. The union leaders will do fine...but that tire making trash will return to the tarpits where they came from

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    • Sort of like Gt when they sold $24 million of property in Union City for $10 million. Then spent $4 million to buy equipment out of the plant they sold. If you can do the math ed or cindy, it means Titan got $24 million in property for $6 million and will probably make that and more selling the scrap metal out of the plant.
      GT management is a lot like Obama. They know how to spend money they just don't know how to make it.

    • well............actually you are wrong Cindy/Sue/Eds. When those BOZO'S sign the papers , they are all done with goodyear. GT will buy an annuity with Travelers Ins. Co. for them that day, or some other insurance company that offers annuities. Goodyear will just balance to the underfunded status that day. The bozo is no longer attached to the problems of this company. The bozo is pretty much FREE from the uncertainty of this oinker.........................................FYI...............

 
GT
24.74+0.47(+1.94%)Sep 16 4:00 PMEDT

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