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    0 starsdragonc | Shared With: Everyone - Nov 27 2006 | business, health, boeing
    The Seattle Times: Business & Technology: Shareholder equity likely to diminish under new accounting

    Oh my holy FSM, 78 percent decline is not a slide, it's the Goliath ride drop.

    Quoted: Boeing, which runs by far the largest pension and retiree-health plans in the Northwest, would have taken the largest hit — losing $8.7 billion, or 78 percent, of its shareholder equity. At other companies, the impact varies from substantial to negligible.

    Quoted: Boeing and other Northwest companies say the change won't have much real-world impact on their operations or profits. But analysts who've been tracking the reforms say they could have dramatic impacts on investor and corporate behavior.

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