Reply To: question about your last newsletter

[Jeff Clark]

Dave,

After looking at the three different newsletters that you prepare for the three airlines, I noticed that the Models for the FedEx 401(k) plan are decidedly more conservative (even the Aggressive Model is in MM, Bonds and Inflation-protected Secs). Could you please educate me on the reason for the apparent differences between the pilot group models?

Thanks so much!

Jeff