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Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers

Ellen E. Schultz




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 | #201793 in Books |  2012-10-30 |  2012-10-30 | Original language:English | PDF # 1 |  8.00 x.64 x5.37l,.45 | File type: PDF | 256 pages

||3 of 3 people found the following review helpful.| Appalling truth in this excellent book|By JM|Using well funded pension plans to finance huge retirements for the executives, giant tax breaks and then saying the average retirees are the problem has been rampant in big business over the last 25 years. Cutting promised pensions and benefits to people already retired or nearly so is criminal but they got away with it. Read thi| |“A blistering examination of corporate greed and avarice. Essential reading for anyone who works for a living.”|Kirkus| |“A fascinating, troubling exposé and a sobering call to arms”|

Winner of the 2012 Helen Bernstein Book Award for Excellence in Journalism

Hundreds of companies have slashed pensions and health coverage for millions of retirees, claiming that a “perfect storm” of stock market losses, aging workers, and spiraling costs have forced them to take drastic measures.

But this so-called retirement crisis is no accident. Ellen E. Schultz, an award-winning investigative reporter formerly of The Wall ...

You can specify the type of files you want, for your device.Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers   |  Ellen E. Schultz. Which are the reasons I like to read books. Great story by a great author.

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