[quote=harvey][quote=SK in CV]17% or 30% where the claim was essentially an absolute 0% = Material.[/quote]
“essentially”
Can’t say it without the qualifier, eh?
I wonder why you have say “essentially” in that sentence?
Trying to change what was said, perhaps? Tweak it a bit?
What’s that phrase again … “words have meaning?”[/quote]
Sure, here’s what you said:
“Shareholders leaned their lesson, and know better than to go anywhere near a company with long-term pension obligations.
You didn’t actually say that no companies have defined benefit plans. You said companies with defnined benefit plans have no investors. And since public companies do have investors (otherwise they wouldn’t be publicly traded, no investors, nothing to trade), your claim was “essentially” that publicly traded companies no longer have defined benefit plans.
So yes, I interpreted what you said, provided evidence that it was false (which you confirmed), and rather than inappropriately quote you, I used the word essentially.
And yes, I misattributed the $100K pension = $3M 401K to you. It was not you. My apologies.
