4 ms·
Exactly; those of us who were politically aware in the '70s heard "Central States pension plan" and had absolutely no surprise that the nation's worst managed b
by hga 10y ago
Exactly; those of us who were politically aware in the '70s heard "Central States pension plan" and had absolutely no surprise that the nation's worst managed big pension fund is again in big trouble. Per Wikipedia, matching my memory, it took the Fed 5 years to wrest control of it from the Teamsters, AKA Jimmy Hoffa Sr. and the Mob. A big thing back in those days, made even bigger when he disappeared in 1975.