06/04/2013 08:27 am ET Updated Aug 04, 2013

How A Coal Company Bilked 20,000 Workers Out Of Health Benefits


The revolution is over, and Gordon Gekko won.

Three decades on from the leveraged buyout boom, the morals, or lack thereof, of the fictional private equity titan have become the morals of management: greed is good, more is better, and employee benefits are an inconvenient obstacle to unlocking shareholder value. In other words, it's not just corporate raiders coming after your pension now; it's corporate America too.

Read more on The Atlantic