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The Parts of the 401(k) Disaster Story 60 Minutes Didn't Report
The Huffington Post Link to more items from this source
[Opinion]
Apr. 23, 2009

Excerpt: Steve Kroft's '60 Minutes' report Sunday, '401-K Recession,' good as it was, covered only a small portion of the whole retirees-are-now-officially-screwed story. It's a fascinating and infuriating story, with far too many angles for a 13-minute segment.... The whole sordid 401(k) saga largely involves big corporations dumping their pension plans and pushing 401(k)'s and then brazenly gaming the bankruptcy laws. The story has, sadly, largely gone unnoticed and unreported these past few months during the stock-market meltdown and housing/bank scandals.

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