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Federal Banking Official Sees End of Pensions Within Years
Worcester Telegram & Gazette Corp. 
Apr. 28, 2008 Excerpt: Speaking at the Association of BellTel Retirees annual meeting ..., Thomas J. Mackell, Jr., chairman of the board of directors for the Federal Reserve Bank of Richmond, Va., warned that pension plans once taken for granted are evaporating and will disappear, along with affordable access to health insurance -- leaving tens of millions of retirees vulnerable, destitute, hungry, sick and willing to take matters into their own hands. MORE >> |
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