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Pbgc

Pension Benefit Guaranty Corp.: Deficit Record Of $33.5B

CNN Money | Aaron Smith | Posted 06.20.2009 | Business

Read More: Pbgc Deficit, Pension Benefit Guarantee Corporation Deficit, Pbgc, Pension Benefit Guarantee Corporation, Business News

NEW YORK (CNNMoney.com) -- The Pension Benefit Guaranty Corp., which guarantees private pension payments for 44 million Americans, said on Wednesday t...

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Paralytic Debt Poisoning

Max Keiser | Posted 05.02.2009 | Business

Read More: Banking Crisis, Financial Crisis, Debt, Global Financial Crisis, Bank Bailout, Max Keiser, Pensions, Howard Beale, Pbgc, Business News
Max Keiser

A red tide of toxic debt has poisoned the nation's financial system. And the American taxpayers are paralyzed as the financial oligarchs brazenly plunder their Fed and Treasury pockets.

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The Law of Unintended and Unanticipated Consequences

Neil Grossman | Posted 10.26.2008 | Business

Read More: Bush Administration, Fdic, Hank Paulson, Federal Government, Pbgc, Private Financial Sector, Warren Buffett, Henry Paulson, Law of Unanticipated Consequences, Ben Bernanke, Social Security Medicare Medicaid, Law of Unintended Consequences, Economy, Business, Business News
Neil Grossman

We are facing the gravest economic crisis in generations.

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"Too Big to Fail" Vs. "Too Big to Be Responsible"

Ryan Mack | Posted 10.23.2008 | Business

Read More: US Economy, U.S. Economy, Corporate Responsibility, FInancial Markets, Corporate America, Corporations, Weak Economy, Financials, Economy, Financial Crisis, Corporate Greed, Bear Sterns, Bankruptcy, Pension Benefit Guarantee Corporation, Tax Breaks, James Cayne, Business Ethics, Bear Stearns Bailout, Bailout, FHA Loans, Financial Ethics, Pbgc, Business News
Ryan Mack

I believe in the free market economy, but once an entity becomes "too big to fail" it introduces the possibility that government intervention is a justifiable remedy.

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