While America aged : how pension debts ruined General Motors, stopped the NYC subways, bankrupted San Diego, and loom as the next financial crisis /

Lowenstein, Roger.

While America aged : how pension debts ruined General Motors, stopped the NYC subways, bankrupted San Diego, and loom as the next financial crisis / Roger Lowenstein. - New York : Penguin Books, USA, 2009. - 274 p. ; 22 cm.

Includes bibliographical references (p. [235]-266) and index.

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.

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.

9780143115380 0143115383


Pensions--Finance.--United States
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