Unlike most investors, we are most comfortable having a system that has proved successful inbothgoodtimesandbad to help guide us when the going gets tough.
Unfortunately, an often overlooked aspect of the pension gap story makes matters even worse: Governments use accounting methods that have consistently understated pension funding gaps inbothgoodtimesandbad.
After careful thought and close consultation with my family and my wife Nane, who has been my strongest support intimesbothgoodandbad, I am pleased to tell you today that my answer is yes.
While I agree that from an operational and cultural standpoint the executives leading this unit may be best suited to respond to the crisis on a day-to-day basis, a true leader stands in front of his team inbothbadtimesandgoodtimes.