Tag Archives: goldman sachs

Ford Names John S. Weinberg to Board

Weinberg of Goldman Sachs, of course, a company that has prohibited top execs from contributing to the campaign of Donald Trump. Hillary Clinton is approved. Hum… Might there be a connection when then President Bill Clinton pushed through giant loophole on maximum CEO pay or the resulting speaking fees and contributions of Bill or to the “non-profit” Clinton foundation? Continue reading

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Bankrupt Hawker Beechcraft Pensions Only 56% Funded

Collectively, Hawker Beechcraft’s three pension plans are only 56% funded, with $769 million in assets to cover $1.4 billion in benefits. If Hawker Beechcraft ended the plans under the bankruptcy, the Pension Benefit Guaranty Corporation of the U.S. Federal government would pay $533 million of the $611 million shortfall. PBGC is the company’s largest creditor. Continue reading

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