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Shortfall at Exxon -- All Those Profits -- but Underfunded Pensions
BusinessWeek
May 22, 2006 Excerpt: Scroll through the financial data of the biggest U.S. corporations and a surprising fact appears: Arguably the mightiest of them all, Exxon Mobil ..., has left its employee pension plans with the biggest funding deficit. Its assets are $11.2 billion short of projected obligations, according to company figures as of Dec. 31[.] MORE >> |
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