Скачать или смотреть The Hostess Bankruptcy Scandal: How Workers Lost Their Pensions Before the Collapse

The Hostess Bankruptcy Scandal: How Retirees’ Money Was Spent Before the Collapse.
On 2012, Hostess Brands went into its final bankruptcy and moved to liquidate, after years of cutting wages, freezing pension contributions, and walking away from multiemployer retirement plans that workers had funded with decades of labor.
What followed was a pension promise that vanished, as executives raised their own pay, private equity and lenders secured their returns, and retirees watched the benefits they earned turned into unsecured claims at the back of the line.
This is the documented story of the Hostess bankruptcy scandal, told through records, court filings, union testimony, financial disclosures, and the lives of the workers who baked and delivered America’s snack cakes and bread.

American Retirement Scandals investigates pension failures, 401(k) fee schemes, Medicare and Social Security missteps, nursing-home abuses, annuity traps, elder-fraud rings, and the paper trails behind them.
No politics.
No commentary.
No dramatization.
Just documents, hearings, memos—and the people affected.

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