Last year, about 70 percent of its estimated $237 million operating profit went to pension contributions and interest costs, compared with 19 percent in 2007, according to company statements. Its a disturbing trend, and it does call into question the long-term viability of the company, said Robert Willens, an accounting specialist at consultant Robert Willens LLC.
#4- sounds like a familiar trend. Governments have also made promises that cannot be kept.
It’s time to go to a system of private individual savings accounts
Pay day for Carlos Slim. He'll end up owning this wreck, if he wants it.