date:Aug 25, 2012
nt bring down companies.
I think thats an overly simplistic point of view, and I hear that, he said. And there are aspects of union participation that are difficult. In our case, the multi-employer pension plans, which are in the press quite a bit, and the potential liabilities for those, that is a deterrent to investment. Thats a difficult issue, but its not one you cant deal with.
Mr. Rayburn acknowledged the pension plans stand as liabilities that will need be funded down the road, but are on