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United Airline's Faustian Bargain with the PBGC
Motley Fool 
Nov. 6, 2007 Excerpt: Apparently, I was too exuberant in suggesting the government give back to United the pension obligation it foisted on the PBGC. As part of its agreement with the airline, the PBGC imposed an extraordinary waiver of its powers and agreed not to seek to restore it to United -- ever. MORE >> |
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