
01-18-2007, 01:53 AM
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CEOs cut pensions, pad their own Quote: CEOs cut pensions, pad their own Some executives who slash workers' pensions are keeping or even padding their own fat retirement packages. And some even reap bigger bonuses as pension cuts boost profits.
By Michael Brush
When International Business Machines froze its pension plan in early January, thousands of its employees suddenly felt a lot less certain about their retirement security.
| CEOs cut pensions, pad their own - MSN Money |