US Pension News - Potential $6b hit on IBM

Posted by Freddy on 19 February 2004 at 08:58:04:


By Rex Crum, CBS.MarketWatch.com
Last Update: 6:14 PM ET Feb. 18, 2004


SAN FRANCISCO (CBS.MW) -- IBM said Wednesday it would appeal a federal judge's decision in a pension case that could be worth billions of dollars in back payments to 140,000 Big Blue employees

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B68302EBD%2DA973%2D4A23%2DB58F%2D0FF3C7A8A464%7D