Harsh Medicine For Ailing Pension PlansChristina Del Valle
General Motors, Warner-Lambert, Northwest Airlines, and Woolworth are in very different lines of business, yet they share one unsettling problem: They are among the top 50 companies singled out by the federal government for grossly underfunding their employee pension plans. The Clinton Administration has a solution that has them, and much of the rest of Corporate America, up in arms.
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