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The Pension Gap

Started by The Minsky Moment, January 03, 2012, 07:49:16 PM

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The Minsky Moment

Quote from: Admiral Yi on January 04, 2012, 09:10:52 AM
I thought as part of the bailout the pension fund got handed over to the union.

The UAW health care trust funds took big chucks of equity in reorganized GM and Chrysler (especially Chrysler), but that is a different matter.
The purpose of studying economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.
--Joan Robinson

Admiral Yi

Quote from: The Minsky Moment on January 04, 2012, 03:53:40 PM
The UAW health care trust funds took big chucks of equity in reorganized GM and Chrysler (especially Chrysler), but that is a different matter.

10-4.