Ripping off pension funds


Analyze and explain how you think big banks are (or are not) ripping off pension funds. Support your response with evidence and examples.

Assume that you have client with an underfunded pension fund. What strategies would you recommend to close the gap in the pension fund?

speculate why AT&T, Honeywell, and Verizon are changing the method for accounting for pension gains and losses. -

Then, speculate why these companies waited two years after the losses to make the change.

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Accounting Basics: Ripping off pension funds
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