Retirement heist : how companies plunder and profit from the nest eggs of American workers
(Book)

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Average Rating
Format
Book
Physical Desc
vi, 245 pages ; 24 cm.
Status
Amherst Library - Adult Nonfiction Book
331.25 Sch
1 available

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LocationCall NumberStatus
Amherst Library - Adult Nonfiction Book331.25 SchOn Shelf

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Language
English

Notes

Bibliography
Includes bibliographical references and index.
Description
"An expose of the ways corporations manipulate retirement plans at employee expense. It's no secret that hundreds of companies, from GM to IBM, have been slashing pensions and health coverage for millions of retirees. Employers blame an aging workforce, stock market losses, and spiraling costs. But the so-called retirement crisis is no demographic accident- and large corporations have played a significant and hidden role in creating it. Award-winning Wall Street Journal reporter Ellen E. Schultz draws back the curtain on one of the biggest and least understood scandals in decades. She shows how companies: created the pension crisis by plundering billions from their pension plans; cut pensions for millions of midlevel, middleaged workers, but used the savings to boost special executive pensions; purchase life insurance policies on employees and collect death benefits when they die- without telling them or their families This is a must read for all who are concerned about their financial future and that of the whole country"--,Provided by publisher.

Citations

APA Citation, 7th Edition (style guide)

Schultz, E. (2011). Retirement heist: how companies plunder and profit from the nest eggs of American workers . Portfolio/Penguin.

Chicago / Turabian - Author Date Citation, 17th Edition (style guide)

Schultz, Ellen. 2011. Retirement Heist: How Companies Plunder and Profit From the Nest Eggs of American Workers. Portfolio/Penguin.

Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)

Schultz, Ellen. Retirement Heist: How Companies Plunder and Profit From the Nest Eggs of American Workers Portfolio/Penguin, 2011.

MLA Citation, 9th Edition (style guide)

Schultz, Ellen. Retirement Heist: How Companies Plunder and Profit From the Nest Eggs of American Workers Portfolio/Penguin, 2011.

Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.

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