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Whats the Master Plan?
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<blockquote data-quote="JonFrum" data-source="post: 271015"><p>Too late to short UPS stock! Potential investors familiar with ERISA and Withdrawal Liability knew UPS owed a bundle for some time now. The debt was kept off the books until recently. But with all the publicity, now the cat's out of the bag. Everyone knows. I do wonder though, how many stockholders didn't realize UPS owed well over a year's profit just to Central States, not to mention what it owes to many of the other pension funds?</p><p></p><p>The target date to switch to the new pension fund is Dec. 26, 2007 so the $6.1 big ones would be due about Feb. of 2008. I wonder if the delivery will all fit in one feeder? Even a 53-footer.</p></blockquote><p></p>
[QUOTE="JonFrum, post: 271015"] Too late to short UPS stock! Potential investors familiar with ERISA and Withdrawal Liability knew UPS owed a bundle for some time now. The debt was kept off the books until recently. But with all the publicity, now the cat's out of the bag. Everyone knows. I do wonder though, how many stockholders didn't realize UPS owed well over a year's profit just to Central States, not to mention what it owes to many of the other pension funds? The target date to switch to the new pension fund is Dec. 26, 2007 so the $6.1 big ones would be due about Feb. of 2008. I wonder if the delivery will all fit in one feeder? Even a 53-footer. [/QUOTE]
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