Henry Waxman doesn’t understand
April 1st, 2010 | No Comments
Here’s the headline story: Last week, telecommunications giant AT&T, which employs more than 280,000 people, announced it would take a $1 billion, non-cash, first-quarter loss because the bill ends an exemption on benefits for retirees. Likewise, the largest maker of earth-moving equipment, Caterpillar, claims it will take a $100 million charge. Deere & Company, the [...]