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As a Grocery Chain Is Dismantled, Investors Recover Their Money. Worker Pensions Are Short Millions.
Business  (tags: economic injustice, pensions, workers, bankruptcy, greed )

- 140 days ago -
The anger arises because although the sell-off allowed Sun Capital and its investors to recover their money and then some, the company entered bankruptcy leaving unpaid more than $80 million in debts to workers' severance and pensions.
Loot or Be Looted   video
Business  (tags: loot or be looted, gatekeeper, pensions, Kaiser report, video, shareholder, stockholder, kleptocracy, post neoliberalism )

- 719 days ago -
Good video one can hear or learn a lot just in the first 5 minutes. But the whole video is good speaks about controlling our votes and keeping everything in chaos. No gatekeeper on our pensions so loot or be looted vicious cycle and purpose looting.
Stock Buybacks and the Wall Street Shark Tank: "A Whole Lot of Stealin' Goin' On"
Business  (tags: corporations, swindle, stock buybacks, investments, bonds, pensions, Federal Reserve )

- 1210 days ago -
Corporate bosses are allowed to take the hard-earned money from Mom and Pop investors and divide it among their freeloading shareholder friends via stock buybacks.
Pensions Ask Retirees to Pay Back Tens of Thousands
Business  (tags: retirees, pensions, overpayment, recoupment demands, Mid-Atlantic Pension Counseling Project, Pension Rights Center, sheet metal workers )

- 2034 days ago -
Some pension plans have overpaid retirees for years -- now they're demanding their money back. For retirees, it can mean owing tens of thousands of dollars. And with little warning, their pension checks are being slashed to cover their debt.
Bankers Attempt Out-of-Pocket Profit From Workers' Pensions
Business  (tags: Canada, banking, pensions, administration fees uncapped, profit )

- 2461 days ago -
Now banks eagerly await PRPPs, knowing the federal government will not cap fees, but simply require that fees be in line with the high prices that banks and insurance companies now charge for administering pension plans!
DANGEOUS PRECEDENTS: European Nations Begin Seizing Private Pensions
Business  (tags: business, government, dishonesty, politics, PENSIONS, pensions, news, money, world )

- 3060 days ago -
Hungary, Poland, and three other nations take over citizens' pension money to make up government budget shortfalls.
CEOs Boosting Their Pensions While Workers Pensions Go Poof
Business  (tags: American Greed, CEO Greed, Ceos, Class Warfare, Corporate Greed, Economic Crisis, Economy, Financial Crisis, Greed, Jobs, Money, Pensions, Recession, Recession Fears, Working Life, Business News )

- 3766 days ago -
CEOs are getting major boosts in their pensions, while the pensions of most Americans have either disappeared or take a major hit.
Let's Finally Deep-Six the Privatization of Social Security
Business  (tags: Barack Obama, Defined Benefit Plans, Defined Contribution Plans, John McCain, McCain Social Security, Medical Savings Accounts. 401 (k)s, Pensions, Social Security, Social Security Privatization, Business News )

- 3878 days ago -
Barack Obama has taken on the McCain privatization plan in ads in Florida. He should take them on nationwide. Forcing people to manage their own retirement accounts is irresponsible.

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