mauijeff

Beware Pension-Plan Shortfall - Barron's

The airlines have been a money loser for a long time and they are expert at shifting the "burden" of their pension plans to the Pension Benefit Guaranty Corporation (or PBGC). What makes anyone think the the PBGC will not incur more liabilities as the economy continues it's decline?
There are many reasons the Treasury does not want the stock market to continue it's crash the funding issue of the PBGC is just one. Is anyone else concerned about market manipulation? I mean, exactly how much is anything really worth?