Pension dumping:the reasons, the wreckage, the stakes for Wall Street

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Bibliographic Details
Main Authors: Hawthorne Fran
Published: Bloomberg Press,
Publisher Address: New York
Publication Dates: 2008.
Literature type: Book
Language: English
Subjects:
USA
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.