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From the Publisher"Will retirement security be an oxymoron for most Americans? FranHawthorne's Pension Dumping offers a clear-eyed, provocativelook at the critically important world of pensions."
International Editor, The Deal
"Having lived through the S&L crisis, I can't help but wonderwhat policy makers might have done had they been presented with aconcise, cogent description of the gathering of the perfect stormbefore events unfolded. Fran Hawthorne has written such a book forpension policy makers. Let’s hope they take heed."
—Olena Berg Lacy
Assistant Secretary of Labor for the Pension and Welfare BenefitsAdministration, 1993–1998
"With clarity and even humor at times, Hawthorne examines acomplicated, multifaceted, and often troubling phenomenon withbroad current and future implications for companies, workers,retirees, taxpayers, and society as a whole. It is a cautionarytale well worth reading."
—Phyllis C. Borzi
Counsel for Employee Benefits, U.S. House ofRepresentatives, Committee on Education and Labor,1979–1995
"Fran Hawthorne provides a thought-provoking and lively analysis ofbankruptcy laws, specialized investment and capital marketstrategies, and where pensions fit into the strategies to movetroubled companies forward. She discusses how the bankruptcy lawsfocus on the business in the future and how these laws ignore therights of employees. She also suggests areas for policychange."
—Anna M. Rappaport, F.S.A., M.A.A.A.
Anna Rappaport Consulting
Past President of the Society of Actuaries