Credit Suisse has calculated there is now a $369 billion hole in the pension funds of American trade unions. There are seven large companies, including Safeway and UPS, where the liability is a significant proportion of their market capitalisation. FT 17
Credit Suisse has calculated there is now a $369 billion hole in the pension funds of American trade unions. There are seven large companies, including Safeway and UPS, where the liability is a significant proportion of their market capitalisation. FT 17
