To: ken5050
The State of CA will own AOLTW when this is over...
Because CalPers invested and lost a ton of money, municipalities are having to contribute higher percentages of salaries now to the retirement system.
Of course, Warner Bros. employee got the biggest screwjob, since all their bonuses were turned into stock when AOL took over....most have seen their retirements disappear since the pre-AOL days.
To: BurbankKarl
TW employees saw all their options immediately vest at the merger...and many sold, so your statement isn't quite correct...the guy who should be shot is Levin..because he did the deal WITHOUT a collar......really stupid....bu8t he got his comuppance to an extent..becuase he never sold a share..he lost a fortune..he's close to broke....awww...
17 posted on
04/14/2003 9:41:47 AM PDT by
ken5050
To: BurbankKarl; Grampa Dave; NormsRevenge; SierraWasp; Ernest_at_the_Beach; fuzzthatwuz
The State of CA will own AOLTW when this is over... Because CalPers invested and lost a ton of money, municipalities are having to contribute higher percentages of salaries now to the retirement system. Of course, Warner Bros. employee got the biggest screwjob, since all their bonuses were turned into stock when AOL took over....most have seen their retirements disappear since the pre-AOL days. Lookie here. Calpers is really in the news today.
(Burbank Karl, have I got a link for you. See below.)
19 posted on
04/14/2003 9:44:40 AM PDT by
Liz
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