Representing everything you hate about capitalism
City must come up with $22.7 million
Divestment bill will withdraw pension funds from Iran's oil sector
With a new bill, Northwest puts Wall Street in first class and throws its retiring workers in steerage
Laurie Fiori Hacking is leaving the Ohio Public Employees Retirement System at the end of February to oversee the teachers' pension program in Minnesota. Hacking was executive director of Minnesota's public employees fund from 1991 to 1996.
The incomes of the poorest fifth and the middle fifth of Minnesota families have grown about half as much as the wealthiest fifth since the early 1980s, according to a recent study by the Minnesota Budget Project. Not exactly news, but there are census numbers to back it up.
Over the next four years, Northwest is legally obligated to come up with either $4 billion or $5.7 billion to make up shortfalls in its pensions. And as Blotter has harangued in the past, it's cash Northwest's clever, highly paid executives, would rather someone else came up with. And by someone, we ... More >>
A flight attendant is battling a chronic disease--and Northwest Airlines
Airlines go for broke while executives take the cash
How a once-mighty union sold out thousands of workers on the eve of retirement
City finance guru Patrick Born on the Minneapolis budget
The pay was low, but working for Ma Bell meant a worry-free retirement. Now Qwest is sending out the pension checks, and local retirees say they're getting the wrong number.