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Pension Meltdown
ResumeUnited isn't the only airline in trouble. It's following in the footsteps of US Airways, and Delta is hinting it may be going down the same path. Soon, America's big car makers may also be looking for pension relief.
Hear a discussion on the future of pension plans in corporate America.
Guests:
Nannette Byrne, senior writer for BusinessWeek
Richard Brownlee, professor at the Darden School of Business Administration at the University of Virginia, expert on corporate pension and employee stock ownership plansTom Gigot, attorney at the Groom Law Group where he represents employers in negotiations with the Pension Benefit Guaranty Corporation, adjunct professor at Georgetown University's Law School
Terry O'Rourke, 51-year-old electronics technician for United Airlines and member of the American Machinists Fraternal Association.
Jack Beatty, On Point analyst and senior editor at the Atlantic Monthly.
This program aired on May 13, 2005.