Pension dumping:the reasons, the wreckage, the stakes for Wall Street
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Main Authors: | |
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Published: |
Bloomberg Press,
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Publisher Address: | New York |
Publication Dates: | 2008. |
Literature type: | Book |
Language: | English |
Subjects: | |
Carrier Form: | xx, 231 p.: ; 25 cm. |
ISBN: |
9781576602393 (hbk.) 1576602397 (alk. paper) |
Index Number: | F249 |
CLC: | F249.712.134 |
Call Number: | F249.712.134/H399 |
Contents: |
Includes bibliographical references and index. The dispensable pension plan -- Last in line : the retiree -- Pension-free and ready to compete -- or not? -- Writing the rules -- Failure's fallout : LTV and other precedents -- The bankruptcy court minuet -- How investors play the game -- The signs of failure -- Pensionless restructuring -- The emergence of US Airways -- The reemergence of US Airways -- The problem continues -- The next to fail -- The politics. "Pension Dumping is the story of how terminating the pension plan has become a knee-jerk strategy for bankrupt companies that hope to attract big investors to help them restructure"--Provided by publisher. |