WSJ report proves executive payouts fueling America's pension crisis

These CEO types knew the minute that Bush was installed in the White House that it was party time, and they have taken full advantage of it.

Before this mess is over they may all be taken out and strung up by the pensioners they are screwing, and their kids, who will now be responsible for Mom and Dad.


Sirotablog: WSJ report proves executive payouts fueling America's pension crisis:

"In Hostile Takeover, I note that the Wall Street Journal's Ellen Schultz is, arguably, the best journalist working today. And in the last few days, she has singlehandedly blown away all the rhetoric about what's destroying America's pension system that's coming from Corporate America and their bought off cronies in government.

The public is led to believe that companies are slashing workers' pensions and backing out of their retirement promises to workers because these companies face a cash squeeze caused by the market. But in a major investigative report, Schultz points out that an 'analysis of corporate filings reveals that executive benefits are playing a large and hidden role in the declining health of America's pensions.' The key findings are stunning:" (Read On ^)