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Sigh. Trump once again shows why he's the dumbest businessman I ever met in 2 decades of covering the financial world.
He says the @nytimes is "losing a fortune" and has a "massive unfunded liability." Let's start with profits - here they are, year for year, over past 3 years...
He says the @nytimes is "losing a fortune" and has a "massive unfunded liability." Let's start with profits - here they are, year for year, over past 3 years...
@nytimes 2...and this is in a struggling industry.
As for the "unfunded liability," Don is talking about a pension liability. There is currently a dispute - the Times has already won once - regarding withdrawal liability and whether the Segal Blend is appropriate for calculation. And...
As for the "unfunded liability," Don is talking about a pension liability. There is currently a dispute - the Times has already won once - regarding withdrawal liability and whether the Segal Blend is appropriate for calculation. And...
@nytimes ...while the Times won once in court, its been appealed. Now...the IMPORTANT thing. The Times is the test case. About 1,000 different companies are affected by this calculation dispute, which is why so many companies have thrown in their opinions, too... mwe.com/insights/new-y…
