"Funds To Cover Every Angle" (Personal Business, Mar. 27, 2006)
"Funds to cover every angle" (Personal Business, Mar. 27) misstated the expense ratio of the DB Commodity Index Tracking Fund. The fund's expense ratio was lowered to 1.30% as of Mar. 2.
"Twilight Of The UAW" (Workplace, Apr. 10, 2006)
"Twilight of the UAW" (Workplace, Apr. 10) should have made clear that U.S. Steel Corp. (X
) didn't terminate the pension or retiree health plans for its workforce prior to its acquisition of National Steel Corp. in 2003. However, the United Steelworkers union did allow the company to buy National Steel assets out of bankruptcy after that company had ended its retiree health plan and dumped its pension plan onto the federal government. The union also allowed U.S. Steel to terminate its pension plan for all new hires and to freeze its contributions to the retiree health plan for all workers.
Copyright 2006, Bloomberg L.P.
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