Pension Dumping: The Reasons, The Wreckage, The Stakes For Wall Street

By Fran Hawthorne
Category: Business and Money ebooks
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Pension plans in America no longer represent commitments that financially troubled companies will honor. Neither bankruptcy courts, nor Washington, nor unions have the clout to make them do so. The disposition of these plans is instead left to serve the needs of big investors. Often these investors are a failing company’s best hope of restructuring after bankruptcy. Investors want a lean investmen...

Hardcover: 288 pages
Publisher: Bloomberg Press; 1 edition (March 18, 2008)
Language: English
ISBN-10: 1576602397
ISBN-13: 978-1576602393
Product Dimensions: 6.9 x 0.9 x 9.6 inches
Amazon Rank: 3043966
Format: PDF ePub djvu book

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reviews: Several other books have been written about the disappearance of private-sector pension funds. But none goes into the depth, or explores what actually happens when traditional pension plans run into the buzzsaw of Wall Street with the same lucid atte...

While there are some sex scenes, they are not overly explicit. I was really surprised how much I ended up caring for the fate of the characters. he is a stone-cold fox and he is a Journey (yes, that FABULOUS band - don't scoff, you know you love it) fan and plays the guitar.

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