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Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers (Englisch) Taschenbuch – 30. Oktober 2012

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“A blistering examination of corporate greed and avarice. Essential reading for anyone who works for a living.”


“A fascinating, troubling exposé and a sobering call to arms”
Publishers Weekly

“Retirement Heist is a concise and alarming look at how—in the span of a generation—the 1 percent has looted the futures of the 99 percent.”
—Kelly Johnson, The Washington Post

“Ms. Schultz herds all her journalistic cattle into a single corral, laying out by what any measure is a damning indictment of the broken pension promises too many American corporations have made to their workers . . . This book should be required reading."
—Bryan Burrough, The New York Times

“I’ve thought a lot about this financial crisis and I did not think there was another piece of information I could learn that could still make me angry…. Thank you.”
—Jon Stewart, The Daily Show


“Journalist Ellen Schultz has been writing about such shameful behavior for a long time, mostly in The Wall Street Journal. Now she has pulled together the copious, irrefutable evidence between the covers of a book. It is shocking, and demoralizing. … In most cases documented by Schultz, the perpetrators have escaped widespread blame — except in her investigative pieces and now in this book.”
—Steve Weinberg, USA Today


''Meticulously researched and as gripping as a crime novel, this is essential reading for anyone who has, had, or hopes to have a job.''
—Nell Minow, cofounder of The Corporate Library and author of Watching the Watchers: Corporate Governance for the 21st Century


''Americans have long been burdened by the overwhelming challenge of saving for retirement, as tax deductions for retirement savings favor the highest income earners and pension coverage erodes. But as an economist investigating the retirement crises I was shocked at Ellen Schultz's exposure of outright lies, manipulations, and pure greed of the employers trusted with our retirement funds.''
—Teresa Ghilarducci, director of the Schwartz Center for Economic Policy Analysis and author of When I'm Sixty-Four: The Plot against Pensions and the Plan to Save Them


''Retirement Heist uncovers one of the most significant threats to the American worker of our time. Ellen Schultz's reporting is expansive, smart, and will have you shouting for someone to be held accountable. Anybody who works and is worried about their future should read this book.''
—Lewis Maltby, president of the National Workrights Institute and author of Can They Do That? Retaking Our Fundamental Rights in the Workplace
“Ellen Schultz has been bravely uncovering crimes of the corporate state since well before it was en vogue. Retirement Heist is like an acclaimed artist’s most profound masterpiece—or, more accurately, a horror auteur’s most frightening film of all.”
—David Sirota, syndicated columnist, radio host, and bestselling author of The Uprising and Back to Our Future


''The retirement security of millions of Americans hasn't been lost to the recession or the demographics of an aging workforce, it's been stolen-by corporate executives and their consultants, lobbyists, accountants, and lawyers. Retirement Heist is an important book for workers and policymakers that documents how corporate profits and executives' salaries have been inflated at the expense of the middle class.''
—Jay Feinman, distinguished professor, Rutgers University School of Law, Camden and author of Delay, Deny, Defend: Why Insurance Companies Don't Pay Claims and What You Can Do about It

Über den Autor und weitere Mitwirkende

Ellen E. Schultz is an investigative reporter who has covered the so-called retirement crisis for more than a decade. Her reporting has led to Congressional hearings, proposed legislation, and investigations by the Treasury and the GAO. Schultz, a former staff reporter for The Wall Street Journal, has won dozens of journalism awards for economics, financial, and investigative reporting, including three Polk Awards, two Loeb awards, and a National Press Club award. In 2003, Schultz was part of a team of Wall Street Journal reporters awarded the Pulitzer Prize, for articles on corporate scandals. She lives in New York City.

Visit www.RetirementHeist.com


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Amazon.com: 7 Rezensionen
4 von 4 Kunden fanden die folgende Rezension hilfreich
Wake up 3. Dezember 2012
Von One eyed jake - Veröffentlicht auf Amazon.com
Format: Taschenbuch Verifizierter Kauf
A definite eye opener. With the recent bankruptcy of Hostess still fresh (no pun intended) in the news I'm sure they followed the same path as Lucent and Poloriod. Some of the terminology was a little over my head but the overall theme, message and warnings are crystal clear. Highly recommended for anyone curious about the bashing the pension system takes and the truth behind corporate America playing Chicken Little crying "The sky is falling!"
This was such an instructive piece. I validated much ... 7. September 2014
Von Kay Monte-White - Veröffentlicht auf Amazon.com
Format: Taschenbuch Verifizierter Kauf
This was such an instructive piece. I validated much of what I read from talking to people who bear witness to the outcomes of how some of the major companies have ruined lives for their own profit--even when their executives where raking in unbelievable, incomes. From another discussion in the book, I take away caution regarding signing up for corporation insurance plans for their employees. I personally have been constantly hounded by my credit union to buy an insurance plan--they would pay the first year's cost-that is inanely structured. If I pay the policy forward, my beneficiary would receive nearly nothing. It is a given that I already have a decent insurance policy associated with my work--qualifying me for this credit union policy in the first place. Am I to believe that there is something magical about having a bunch of insurance policies (as maybe would have been the case in days of yore?) In this book, many of those who were insured by their employer were targeted to die to enable their employer to meet its bottom line as it was their employer who received the bulk of the payout at the time of their death--not their beneficiaries. What a way to go. There is much to learn from reading this book.
Interesting read 29. Juli 2014
Von B. Stephan - Veröffentlicht auf Amazon.com
Format: Taschenbuch Verifizierter Kauf
Gives details about what the majority of us know, or prefer not to know. As a person who currently is a 'pensioner' it gives pause for thanks from me, with sense of much caution and concern for the future, for myself and everyone who is not fully in control of any money put away for retirement. Probably should be read most by those least likely to do so, anyone 17 years of age and up. Of course, I come to my attitude as a baby boomer and recent retiree who once thought our government worked 'for us' common citizens and that even in the business world there was a sense of fairness. Anyone believing that today is living in a fools paradise.
Informative, eye opening, and troublesome. 27. Februar 2015
Von Anthony Compitello - Veröffentlicht auf Amazon.com
Format: Taschenbuch Verifizierter Kauf
I just started reading the book and I find it frustrating on how big companies are screwing the hard working middle class, I would recommend this book to anybody who works for a large company, or just for anybody.
Pulling back the curtain 21. März 2015
Von Russell - Veröffentlicht auf Amazon.com
Format: Taschenbuch Verifizierter Kauf
I really liked this book. It really pulls back the curtain on the way major corporations raided pension funds for their own benefit.
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