[Am-info] Stock options and pensions

[Mitch Stone]

Also, about a third of their workforce are contract employees -- 
essentially glorified temps with no rights or benefits at all. It's all 
part of the war on labor, and labor is losing.

Mitch

On Sunday, November 17, 2002, at 04:44 AM, John J. Urbaniak wrote:

> I watched a program on C-Span last night.  It was a seminar presented 
> on
> Sept 30, 2002 at the University of New Mexico.
>
> The speaker was reviewing various practices employed by large 
> companies.
>
> She said that last year, stock options, if accounted for properly, 
> would
> have reduced Microsoft's reported income by one third.
>
> She also said that Microsoft has NO PENSION PLAN for its employees.
> It's very hard for me to imagine how Microsoft can consider itself a
> major company without a pension plan.
>
> Of course, a pension plan would also reduce the company's profits as
> would a stock dividend.
>
> It astonishes me how such a sleazy company could be a member of the Dow
> 30.