Billionaire Carlos Slim invested $250 million in the NY Times a couple weeks back, and the stock still couldn't get off the floor. Now we have the news that the NY Times pension obligation deficit went from $48 million to $625 million.
According to the NY Post, the pension obligation of the S&P 500 companies, went from a surplus of $29 billion to a deficit of $746 billion.
http://www.nypost.com/seven/02022009/business/pension_tension_153124.htm
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