Yet another type of ELITE crime

Thanks to my mom for sending this story to me.

It is yet another type of ELITE crime, this time dealing with pensions for workers:

"As companies have been moving away from traditional pension plans, they have been shifting employees to new retirement plans, such as 401(k)s, that transfer the cost — and the risk — to workers."

They know what they are doing. They know it is harmful. And they know it is wrong. Yet they keep doing it.

At least NPR is covering it!

http://www.npr.org/2011/09/29/140344871/retirement-heist-how-firms-trimmed-pensions