how pension debts ruined General Motors, stopped the NYC subways, bankrupted San Diego, and loom as the next financial crisis Lowenstein, Roger. creator text nyu New York Penguin Books, USA 2009 monographic eng

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274 p. ; 22 cm. A call-to-action evaluation of the economic dangers being posed by the retiring generation's pensions and health-care needs offers sobering insight into how pensions work in America and why they are threatening major companies and public institutions. Introduction -- Who owns General Motors? -- Walter Reuther and the Treaty of Detroit -- The anti-Reuther -- An entitled class -- On strike! -- Finest city -- Pension plot -- The bill comes due -- Conclusion : the way out. Roger Lowenstein. Includes bibliographical references (p. [235]-266) and index. Pensions United States Finance Defined benefit pension plans United States Retirement income United States Investments Stocks Business education Massachusetts Business students Massachusetts Management Study and teaching (Higher) Massachusetts HD7125 L917 J33e 2009 9780143115380 0143115383 BTCTA 081129 20230410105302.0 85054