Iacocca losing pension, car in Chrysler bankruptcy »
Posted By engineer 5 months, 3 weeks ago in Business & FinanceLee Iacocca , the car executive credited with saving Chrysler from bankruptcy in the 1980s, is to lose a big chunk of his pension and a guaranteed life-long company car due to the U.S. automaker' s bankruptcy filing two decades later.
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engineer
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My background is Biomedical engineering with an MBA As you know from all my comments where I almost stand politically. I have loads of ...
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chevydog5 months, 3 weeks ago
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I guess I'm not sure of the law on this. Losing a company car doesn't seem so bad. My reaction to the pension depends on how much he would lose. It certainly seems just that his pension would be at least as high as a floor production supervisor.
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