Philadelphia boxing legend Smokin’ Joe Frazier died yesterday. We’ll get reaction from Philadelphia boxing promoter RUSSELL PELTZ. Then… Pulitzer Prize-winning investigative reporter ELLEN SCHULTZ analyzed internal corporate documents and confidential memos, and conducted interviews with retirees and government filings to reveal how employers have misrepresented the status of their employees’ pensions and company shares. She also looked at benefits consultants, insurance companies and banks and discovered how their decisions played into the current downward spiral of American pensions and benefits. Schultz’s new book is RETIREMENT HEIST: How Companies Plunder and Profit from the Nest Eggs of American Workers.
NOTE: Audio for this program is unavailable.