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The shortfall in corporate pension plans doubles to $440B in Q3, a victim of weak stock markets...

The shortfall in corporate pension plans doubles to $440B in Q3, a victim of weak stock markets and barely visible interest rates. Defined benefit plans are going the way of the dodo bird, but still cover 14% of the U.S. private-sector workforce. Those rock-solid corporate balance sheets may be a little less so as companies will be forced to part with cash to fund the deficits.
Comments (2)
  • wyostocks
    , contributor
    Comments (8811) | Send Message
     
    Mere peanuts compared to the municipals and states deficits.
    Besides, nobody cares any more about debt and deficits.
    It is on with the party.
    30 Nov 2011, 08:00 AM Reply Like
  • youngman442002
    , contributor
    Comments (5131) | Send Message
     
    they can always file for bankrupcy....and dump it on the public...
    30 Nov 2011, 08:08 AM Reply Like
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