Archive - Nov 14, 2009 - Blog entry

Leo Kolivakis's picture

Risks Rising at the PBGC?





The Pension Benefit Guaranty Corporation on Friday said its potential exposure to future pension losses had increased to about $168 billion in fiscal 2009. The PBGC's ongoing deficits will require another massive bailout down the road. That's why Uncle Ben will let this bubble blow for as long as he possibly can.

 

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