Looks like enron all over again .. it's only a matter of time before everything comes out!
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If proper research and planning is done, a pension buyout might not be so bad, all depends on how much they offer and how long you plan to be around
Just hope that TechnipFMC doesn't attempt to dissolve the pension plan somehow. That future payout has to be like a thorn in the side of the newly formed company. Certain that if they could figure a legal way to get rid of that liability that it would be implemented in a heartbeat.
If they were cooking the books, SIS would have shown a profit and not a loss like what was actually reported. Enron showed profits when in all actuality they were losing money. FMC has reflected that the SIS has lost money the past few quarters. Go look at the publicly available financial data for yourself.
I heard sis guys were cooking books
how so?