Retirement Heist

Retirement Heist
Author: Ellen E. Schultz
Publisher: Penguin
Total Pages: 257
Release: 2012-10-30
Genre: Political Science
ISBN: 1591845653

Winner of the 2012 Helen Bernstein Book Award for Excellence in Journalism Hundreds of companies have slashed pensions and health coverage for millions of retirees, claiming that a “perfect storm” of stock market losses, aging workers, and spiraling costs have forced them to take drastic measures. But this so-called retirement crisis is no accident. Ellen E. Schultz, an award-winning investigative reporter formerly of The Wall Street Journal, reveals how large employers and the retirement industry have all played a huge and hidden role in the death spiral of American pensions and benefits. A little over a decade ago, pension plans were fat. But companies used slick accounting and dubious loopholes to turn their pension plans into piggy banks, tax shelters, and profit centers. As pensions weakened, companies slashed benefits for workers while doling out gargantuan pensions to their top executives. Drawing on original analysis of company data, government filings, and confidential memos, Schultz uncovers decades of widespread deception during which employers exaggerated their retiree burdens while tricking employees, misleading shareholders, and lobbying for taxpayer handouts.

Retirement Heist

Retirement Heist
Author: Ellen Schultz
Publisher: Portfolio (Hardcover)
Total Pages: 245
Release: 2011
Genre: Business & Economics
ISBN: 9781591843337

A Pulitzer Prize-winning journalist exposes the mismanagement and corruption in major companies that led to severe reductions in employee retirement benefits, contending that business leaders have misrepresented costs to justify the eliminations of pensions and health coverage.

The Last Job: "The Bad Grandpas" and the Hatton Garden Heist

The Last Job:
Author: Dan Bilefsky
Publisher: W. W. Norton & Company
Total Pages: 304
Release: 2019-04-23
Genre: True Crime
ISBN: 0393609529

The definitive account of one of the most brazen jewel heists in history. Over Easter weekend 2015, a motley crew of six English thieves, several in their sixties and seventies, couldn’t resist coming out of retirement for one last career-topping heist. Their target: the Hatton Garden Safe Deposit, in the heart of London’s medieval diamond district. “The Firm” included Brian Reader, ringleader and legend in his own mind; Terry Perkins, a tough-as-nails career criminal but also a frail diabetic; Danny Jones, a fitness freak, crime enthusiast, and fabulist; Carl Wood, an extra pair of hands, and definitely more brawn than brains; John “Kenny” Collins, getaway driver, prone to falling asleep on the job; and the mysterious Basil, a red-wigged associate who has only now been identified. Perhaps not the smoothest of criminals—one took a public bus to the scene of the crime; another read Forensics for Dummies in hopes he would learn how to avoid getting caught—they planned the job over fish and chips at their favorite pubs. They were cantankerous and coarse, dubbed the “Bad Grandpas” by British tabloids, and were often as likely to complain about one another as the current state of the country. Still, these analog thieves in a digital age managed to disable a high-security alarm system and drill through twenty inches of reinforced concrete, walking away with a stunning haul of at least $19 million in jewels, gold, diamonds, family heirlooms, and cash. Veteran reporter and former London correspondent for the New York Times Dan Bilefsky draws on unrivaled access to the leading officers on the case at the Flying Squad, the legendary Scotland Yard unit that hunted the gang, as well as notorious criminals from London’s shadowy underworld, to offer a gripping account of how these unassuming criminal masterminds nearly pulled off one of the great heists of the century.

The Labor Guide to Retirement Plans

The Labor Guide to Retirement Plans
Author: James W. Russell
Publisher: NYU Press
Total Pages: 280
Release: 2021-11-22
Genre: Business & Economics
ISBN: 1583679332

"Researching retirement plans should not take the rest of your life, even if deciphering the relevant paperwork seems to have become a full-time job. Deliberately elaborate legalese is obscuring the efforts of financial elites to seize control of workers' collective retirement savings-and The Labor Guide to Retirement Plans is here to translate. In theory our national pension system, Social Security, should function well as a form of social insurance delivering partial retirement security, while workplace 401(k)s provide the rest. The problem is that very few do. Indeed, most workers have weak workplace retirement plans if they have them at all-and about half do not. Neoliberal retirement reforms have made matters worse, accelerating financial elites' efforts to replace workers' guaranteed pension plans with weak 401(k)-like savings accounts and stock market investment schemes and ultimately enabling financial elites to seize control of workers' collective retirement savings. The result is arguably the largest source of labor value expropriation over the last four decades. In light of all this, what do workers need to know as they assess their future prospects-especially in terms of the security their retirement plans may or may not bring? What should union activists keep in mind as they push for the national and workplace reforms needed to produce greater retirement security? This nuts-and-bolts book provides a much-needed demystification of the retirement system. Even more than that The Labor Guide to Retirement Plans enables us to take charge of our own personal futures, as a first step towards taking back what belongs to us all"--

Who Stole My Pension?

Who Stole My Pension?
Author: Robert Kiyosaki
Publisher:
Total Pages: 240
Release: 2020-01-14
Genre: Business & Economics
ISBN: 9781612681030

It's estimated that there are over 50 million pensioners--in the United States alone. Like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their pension funds. Who Stole My Pension? was written to give them guidance, resources, and tools so they can take action... and stop the looting. We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. According to the World Health Organization, nearly two billion people around the world are expected to be over age 60 by 2050, a figure that's more than triple what it was in 2000. For better or for worse, never before have there been more elderly people living on planet Earth. One thing is. certain: Doing nothing--sitting back, confident your pension check is "in the mail"--is not an option. That's a risk you can't afford to take. According to Edward Siedle, a former attorney with the United States Securities and Exchange Commission and America's leading expert in pension looting, "In the decades to come, we will witness hundreds of millions of elders worldwide, including America's Baby Boomers, slipping into poverty. Too frail to work, too poor to retire will become the "new normal" for many of the aged." Kiyosaki, who like Siedle saw this crisis looming years ago, complements the facts and stats Siedle puts forth with strategies on how retirees can take control--not only their pensions, but their financial futures. Kiyosaki writes about the fact that his father, a highly educated man he calls his poor dad, wasn't poor until he lost his job, his paycheck--and his pension. "His PHD couldn't save him," says Kiyosaki, who has dedicated his life to teaching and financial literacy advocacy. In Who Stole My Pension? the authors focus on the most misunderstood and ignored cause of the pension crisis: mismanagement of pensions and investments. The culprits that are looting the pensions of public school teachers, firefighters, police, as well as private sector workers, are on Wall Street. The Wall Street casinos charging high fees for gambling in risky hedge funds and other speculative investments, outrageous investment-industry conflicts of interest, and outright violations of the law. Who Stole My Pension? is an in-depth assessment of the pension crisis that the world is facing today and what millions around the world--employees who expected to have pension income at retirement--can do about it. The authors recount a history of pension failures, inexperienced boards, gambling, looting and other horror stories--with a focus on action steps workers and retirees can take to quickly determine if a pension is being mismanaged as well as the concrete steps they can take to end decades of pension mismanagement. They detail critical questions retirees can ask--and guidance regarding how to act on what they learn.

Carpetbagging America’s Public Schools

Carpetbagging America’s Public Schools
Author: Curtis J. Cardine
Publisher: Rowman & Littlefield
Total Pages: 260
Release: 2017-12-13
Genre: Education
ISBN: 1475840217

This book is a forensic accounting analysis of the financial effects of twenty years of charter schools and vouchers on the publics investment in public education.

The Age of Agile

The Age of Agile
Author: Stephen Denning
Publisher: AMACOM
Total Pages: 347
Release: 2018-02-08
Genre: Business & Economics
ISBN: 0814439101

An unstoppable business revolution is under way, and it is Agile. Sparking dramatic improvements in quality, innovation, and speed-to-market, the Agile movement has helped companies learn to connect everyone and everything…all the time. With rapidly evolving consumer needs and technology that is being updated quicker than ever before, businesses are recognizing how essential it is to adapt quickly. The Agile movement enables a team, unit, or enterprise to nimbly acclimate and upgrade products and services to meet these constantly changing needs. Filled with examples from every sector, The Age of Agile helps you: Master the three laws of Agile Management (team, customer, network) Embrace the new mindset Overcome constraints Employ meaningful metrics Make the entire organization Agile Companies don’t need to be born Agile. With the groundbreaking formulas laid out in The Age of Agile, even global giants can learn to act entrepreneurially. Your company’s future may depend on it!

The Great Greene Heist

The Great Greene Heist
Author: Varian Johnson
Publisher: Scholastic Inc.
Total Pages: 215
Release: 2014-05-27
Genre: Juvenile Fiction
ISBN: 0545525543

Saving the school -- one con at a time. "A political heist page-turner set in middle school? Is that even possible? Varian Johnson shows us how it's done." - Gordon Korman, author of SWINDLE "Do yourself a favor and start reading immediately." - Rebecca Stead, author of WHEN YOU REACH ME Jackson Greene swears he's given up scheming. Then school bully Keith Sinclair announces he's running for Student Council president, against Jackson's former friend Gaby de la Cruz. Gaby wants Jackson to stay out of it -- but he knows Keith has "connections" to the principal, which could win him the presidency no matter the vote count. So Jackson assembles a crack team: Hashemi Larijani, tech genius. Victor Cho, bankroll. Megan Feldman, science goddess. Charlie de la Cruz, reporter. Together they devise a plan that will take down Keith, win Gaby's respect, and make sure the election is done right. If they can pull it off, it will be remembered as the school's greatest con ever -- one worthy of the name THE GREAT GREENE HEIST.

The Market for Retirement Financial Advice

The Market for Retirement Financial Advice
Author: Olivia S. Mitchell
Publisher: Oxford University Press, USA
Total Pages: 362
Release: 2013-10
Genre: Business & Economics
ISBN: 0199683778

The latest volume in the Pension Research Council series examines the financial advice profession as financial literacy becomes increasingly necessary for those saving for retirement.