Political Quotes

Jack Reed: “It seems to me again--and these might be isolated incidents--that there were occasions where companies who had taken…”

On the recordOctober 28, 2009
It seems to me again--and these might be isolated incidents--that there were occasions where companies who had taken over, the pension plan was on the books overfunded, and that money was not used for reinvestment in jobs or anything else.
Said by
Jack Reed
Democratic · Rhode Island

Editor's note · Context

Senator Reed discusses misuse of overfunded pension plans by companies.

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