The Traderszone Network

Published in TZ Latest News 6 October, 2017 by The TZ Newswire Staff

Boeing Setting Bad Precedent With Risky Pension Scheme

Boeing (NYSE: BA) retirees and investors should be very worried that the aerospace giant is stuffing its pension plan with company stock. With the plan suffering from a massive $20 billion shortfall, Boeing is making a risky bet with its workers’ futures that it can maintain the torrid growth pace it’s been on, transferring some $3.5 billion worth of stock into the plan, including shares it had previously bought back.

read more