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While America aged : how pension debts ruined General Motors, stopped the NYC subways, bankrupted San Diego, and loom as the next financial crisis

Author: Roger Lowenstein; Michael McConnohie
Publisher: North Kingstown, R.I. : BBC Audiobooks America, 2008.
Edition/Format:   Audiobook on CD : CD audio : EnglishView all editions and formats
Database:WorldCat
Summary:
Roger Lowenstein explains how corporations and governments ran up ruinous pension and health-care promises to workers--promises that are now coming due and that will hit America like a tsunami if nothing is done. Negotiating high benefits means gambling with future finances--and when the farm gets sold out from underneath major corporations or public institutions, it affects all of us, and in ways we might not  Read more...
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Details

Genre/Form: Audiobooks
Material Type: Audio book, etc.
Document Type: Sound Recording
All Authors / Contributors: Roger Lowenstein; Michael McConnohie
ISBN: 9780792755210 0792755219 1602834385 9781602834385
OCLC Number: 226387298
Notes: In container (17 cm.).
Title from container.
"Sound Library"--Container.
"Complete & Unabridged"--Container.
"Digitally Mastered"--Container.
Compact disc.
Performer(s): Read by Michael McConnohie.
Description: 8 sound discs (9 hr., 14 min.) : digital ; 4 3/4 in.
Contents: Introduction --
Who owns General Motors? --
Walter Reuther and the Treaty of Detroit --
The anti-Reuther --
The public freight --
An entitled class --
On strike! --
Debacle in San Diego --
Finest city --
Pension plot --
The bill comes due --
Conclusion : the way out --
Acknowledgments --
Notes --
Index.
Responsibility: Roger Lowenstein.

Abstract:

Roger Lowenstein explains how corporations and governments ran up ruinous pension and health-care promises to workers--promises that are now coming due and that will hit America like a tsunami if nothing is done. Negotiating high benefits means gambling with future finances--and when the farm gets sold out from underneath major corporations or public institutions, it affects all of us, and in ways we might not imagine. Lowenstein unravels the truth about how pensions work in America and illuminates the impending crisis.

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