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Audio: Fed Pension Safety Net Strained by Bankruptcies
National Public Radio [NPR]
May 18, 2005 Excerpt: Madeleine Brand examines whether the Pension Benefit Guaranty Corporation, the federal agency that takes charge of pension plans when corporations default, can handle its growing financial burden. Observers are concerned about the agency's future effectiveness in the wake of United Airlines pension plan default last week. MORE >> |
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