Business news without the bullshit

The Great Pension Plan Heist

The hidden cause of the pension crisis

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It's bigger than the Wall Street mortgage scandal

Unfortunately, this thing starts out with a painfully long and pointless series of introductions and professional back slapping.

Stick with it. When the speaker starts, she gets into high gear fast?

Pension plans are underfunded?

They weren't - until they were looted.

CEOs have been raiding them with fancy accounting to boost their company's stock prices in order to boost their "performance based" bonuses.

Trillions of dollars have been stolen then way in broad daylight - but it's all "legal."