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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.
14 posted on 04/14/2003 9:35:14 AM PDT by BurbankKarl
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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
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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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