When Retirees Are Shortchanged

By BRYAN BURROUGH
Published: September 17, 2011

THE world needs more newspaper reporters like Ellen E. Schultz of The Wall Street Journal. For nearly a decade, Ms. Schultz and her colleagues have been rooting through the minutiae of accounting regulations, government filings and corporate retirement plans to expose how many of the largest American companies have systematically plundered their employees’ pension funds, at once robbing their workers of hard-won benefits and enriching their own profits. Her work has led to Congressional hearings, to a Washington investigation or two and to numerous journalism awards.
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