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 This is my blogchalk: United States, North Carolina, Carrboro, English, Paul, Male, 56-60, All Music, All Food.
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Wednesday, May 11, 2005 |
United Airlines, which is operating in bankruptcy protection, received court permission yesterday to terminate its four employee pension plans, setting off the largest pension default in the three decades that the government has guaranteed pensions. It’s a good thing that those employees, after losing 25% of their pensions, will no longer be able to declare personal bankruptcy when they retire. That would be a real blow to the credit card industry.
4:10:29 AM
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