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Pension Guarantor Calls for Changes: PBGC Asks Congress for New Powers
The Washington Post; subscription may be required
Oct. 8, 2004
Excerpt: The government's pension insurance agency yesterday called on Congress to strengthen its hand in seeking to attach assets of bankrupt companies to protect those companies' pension plan participants, and also suggested that it be given more flexibility in negotiating deals with troubled pensions to keep them operating.
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