Consumers Come to Find Relief in Retirement – Fleming’s Steakhouse

“What I think about most concerning retirement is the preservation of my principle. With things like Lehman Brothers going down, and these other companies like that, I don’t think there’s any guarantee or at least I haven’t thought there’s been a guarantee that you can be sure your principal will be there when you retire.” […]

Continue Reading...

Detroit Enters Bankruptcy As Pensions and Benefits Go on Chopping Block

JAISAL NOOR: Welcome to The Real News Network. I’m Jaisal Noor in Baltimore. On Tuesday, a federal judge ruled that Detroit is insolvent, making it the largest city in U.S. history eligible to claim bankruptcy. In the ruling, Judge Stephen Rhodes said Detroit can cut pensions and retiree benefits to help pay off its $18 […]

Continue Reading...