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While America Aged How Pension Debts Ruined General Motors, Stopped the NYC Subways, Bankrupted San Diego, and Loom As the Next Financial Crisis

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ISBN-10: 0143115383

ISBN-13: 9780143115380

Edition: 2009

Authors: Roger Lowenstein

List price: $24.00
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Description:

The retirement crisis facing America—and the road map for a way out—from The New York Timesbestselling author of Origins of the Crash In the last several decades, corporations and local governments made ruinous pension and healthcare promises to American workers. With these now coming due, they threaten to destroy twenty-first- century America’s hopes for a comfortable retirement. With his trademark narrative panache, bestselling author Roger Lowenstein analyzes three fascinating case studies—General Motors, the New York City subway system, and the city of San Diego—each an object lesson and a compelling historical saga that illuminates how the pension crisis developed. Cumulative…    
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Book details

List price: $24.00
Copyright year: 2009
Publisher: Penguin Publishing Group
Publication date: 4/28/2009
Binding: Paperback
Pages: 288
Size: 5.52" wide x 8.42" long x 0.66" tall
Weight: 0.484
Language: English

Roger Lowenstein, author of the bestselling Buffett: The Making of an American Capitalist, reported for The Wall Street Journal for over a decade and wrote the stock-market column "Heard on the Street" from 1989 to 1991 and the "Intrinsic Value" column from 1995 to 1997. He now writes a column in SmartMoney magazine and has written for The New York Times and The New Republic, among other publications. He has three children and lives in Westfield, New Jersey.