For quite some time now I have been warning of a pending pension crisis. At the end of last month, even the President felt it was prudent to get it on the record by also warning of a pending American pension crisis. The first hit against workers took place this week when a bankruptcy court judge granted United Airline's request for abdicating its responsibility to its approximately 120,000 employee's and retiree's pension plans.
Continue reading Pensions and Rear View Mirrors.
