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"We had hoped to find a way of enabling the pension scheme to continue and be restored to a sound financial position on the basis of solid financial commitments from Federal-Mogul, " he said.
BBC: NEWS | Business | T&N workers face pension crisis
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"If we need to lose market share because of our terms, I'm willing to concede business if we cannot continue to operate on the margins or the terms that are reasonable for our organization, " Mike Broderick, Federal-Mogul's chief executive, said on the call.
WSJ: P&G, Big Companies Pinch Suppliers on Payments
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The comments came during a sarcasm-filled closing argument at the civil trial in federal court that pits Jacqueline Goldberg against the billionaire real estate mogul-turned TV showman.
WSJ: Talk of lies, pride as Trump case goes to jury
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Plaintiff attorney Shelly Kulwin's comments came during a sarcasm-filled closing argument at the federal civil trial that pits Jacqueline Goldberg against the billionaire real estate mogul-turned TV showman.
WSJ: Talk of lies, pride as Trump case goes to jury
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Filing in federal court in New York--thanks to their Manhattan summits at media-mogul locations like Michael's restaurant--Schonfeld wants Bush to pay damages for allegedly robbing him of the 10% stake in XFTV he says she promised him.
FORBES: Reese's Pieces