The comptroller stated the other day that the pension fund only had 2 million shares of lehman stock and it hasn't affected the pension system, well if the stock was worth $45-50 in Jan 08 and worth 25 cents now I think the difference is staggering. At $50 a share the market value is $100 million at 25 cents a share it is worth $500,000. That kinda difference has no effect on any balance sheet. I hope he manages his check book better!
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The comptroller stated the other day that the pension fund only had 2 million shares of lehman stock and it...
michael don
Sep 18, 2008 08:57
If Mr. Thompson is saying he will manage to somehow not lose 20-30% in the next two years or so... [MORE]
Daniel Ivandjiiski
Sep 17, 2008 13:03
Comment on Comptroller Sees 'Trying Times,' But Is Bullish on Pension Fund
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