Pension dumping
Subtitle: the reasons, the wreckage, the stakes for Wall Street
By: Fran Hawthorne.
Edition: 1st ed.
Publisher: Bloomberg Press
Published: 2008
Place of publication: New York
Language: eng
ISBN-13: 9781576602393
Subjects: Pension trusts -- United States; Pension trusts -- Termination -- United States; Pension trusts -- Termination -- Law and legislation -- United States; Corporate reorganizations -- United States; Bankruptcy -- United States; Investments -- United States
Description: "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.
Notes: Includes bibliographical references and index.
Table of contents: title: The dispensable pension plan; title: Last in line : the retiree; title: Pension-free and ready to compete-or not?; title: Writing the rules; title: Failure's fallout : LTV and other precedents; title: The bankruptcy court minuet; title: How investors play the game; title: The signs of failure; title: Pensionless restructuring; title: The emergence of US Airways; title: The reemergence of US Airways; title: A problem continues; title: The next to fail; title: The politics.