the $92 m number was let out on today's earnings call by werner. pension was never fully funded. abbott made a "top-off" payment ($40-50m) to keep plan at 92% funded, so govt entity, the PBGC, pension guarantee corp, that does not scrutinize plans below 90%, would not look at this too closely. plan started dropping to the 80% level the last few years. are paying millions every year to manage, see public records. how much did CEO & COO make in stock option since 2005 is question? Bet close to $100m. gave many options to all these NEW VP's to smooth and flush. i met them all at kings dinner in arizona last year where ceo and coo set at end of table with the 40 of us, while those sales misfits ate pork and other unclean grub. we ate steak and had fine wine. we put on smiley face at coe dinner and ate that pork with them.
my dear friend..business is at times is complicated, always remember its about the money, the big money. the payment to the pension by abbott, 5 years ago, keeping the plan above 90% funding was to keep the fed away then, the PBGC. the $92m payment this year, is to give their counsel, an argument in a brief, as defendant, before the appeals court, that hospira does right without harm. let me ask you my friend: how many companies do you think, make an unplanned payment of $92,000,000? to any thing without due diligence? The payment was not planned, but as a tactic, to show they care. the ruling is due soon. but they already owed that money. we are giving you something that is already yours. my other dear friends, i know you must remain quiet...i will speak for you. look for annoucements.
you misfit,
we don't care what is the right thing to do. we want to eat steak not pork. we pay $92,000,000 today, look like i care about my pensioners. counsel tells us, do this, not because you have to...because if your funded at 85%...it looks bad, during litigation.
better than losing and having to pay $350,000,000 on reversal. hedge your risk, also clean up and look like outstanding corporate citizen anytime in court, with much to lose. we like steak not pork.
you like a tube steak smothered in underwear douche bag
I am only a nurse and I think my money made about 22% last year in a mutual fund. So, $92,000,00 times 22% is about $20,000,00?
I see how Hospira makes up for spending $25,000,000 for that sedline crap...use the pension pplan IOU! I think they can write it off too!
you sales nitwit,
saw enough of your kind in phoenix. we like steak not pork. i saw your managers at meeting in chicago last year....so we decided to take away their stock options, does that make you feel better? don't expect much from your bunch this year. someone has to pay for our pump problems? answer: you. the only chance you have is...well none. you nitwit, don't you get it, we like steak not that unlcean pork.
vp
Congrats on the stock price drop! A 3 month view on Yahoo Finance shows HSP is down 5% while the DOW is up 10%. Yes that means HSP is well off the DOWs pace.
It is okay since the top guys jumped ship and dumped their stock. Time to screw over the investors next. This company seems setup for failure due to lack of quality management. Classic pump and dump!
Congrats vp'S !
you nitwit,
i remember a couple of years ago, at a dinner in the nicest restaurant in chicago, chris, that's Mr. Begley to you, was talking about having dinner with a famous astronaut, and the space traveler was describing the motion of stars dotted in the blackness and how many millions and billions of stars there were.....we were eating big steaks, not pork, because that's we like, anyway, the next week, at a petite vp meeting, we discussed our options and what we were to do. we did it. we moved it....and actually on a negative number year to year...because we are good. we like steak not pork. did you make any money you nitwit.
like the astronaut we soared, and it didn't require then same amount of FUEL that a bunch of saturn rocket engines needed. That even payed for the $92,000,000, we were short, and the timing is impeccable....that judge will be a nitwit too, like you. a sales nitwit. vp
Hmmm .... this may be interesting for the SEC .... I will have to research this some more. A little insider information between friends ya know.
"at a petite vp meeting, we discussed our options and what we were to do. we did it. we moved it....and actually on a negative number year to year...because we are good"
i read you're post and knew you needed help. here it is:
SEC Headquarters
100 F Street NE
Washington, DC 20549
(202) 942-8088
xxx.sec.gov
i had my administrative assistant to look up the word nitwit also:
the word is gaelic (english)
nit= not
wit=brains
you are a big nitwit (big not brains, ie you) is that clear? you can't work for hospira...as a matter of fact, nor for (?, let me know) baxter,alaris or braun. maybe owens.
do you know that i like steak not pork? did you get that? when hospira is bought out and split up, so that smart business men can take advantage of your sip market my options will explode. like your brain, nitwit. chris as our new chairman of the board, will spread out the wealth to the brains in lake forest....you sales dip. maybe a little to the golfing nitwit from indiana.
Why did Mr. Integrity need to step down? Can't he solicit tender offers? Why did he pass the bag to Mr. Botox?
q. why did mr. integrity step down?
a. i assume were talking about chris here. he didn't. chairman of the board is a step up from ceo. you must be a nurse. you're a nitwit. nurse as a sales nitwit? we are right again here from lake forest....its thursday eve and most have gone in the last 15 min... as a vp image is most important. and brains to understand the flow of capital. cob will be a stock option bonanza.
q. can't he solicit tender offers?
a. he doesn't have to. now. cash flow is strong. revenue is a problem...7% even the oncology franchise. ws likes growth. we like steak not that unclean pork, why can't you sell...sales dip? your boring me.
q. why did he pass the bag to mr. botox?
a. mr. ball? chris does have a conscience, guess that's what he thinks about while biking.
$92,000,000, over 7 years. beautiful.
let me throw you a bone...nitwit, in a word:
distance.
they are getting close to me...im ready.
i asked my butcher about that pork.......who was buying that stuff?
