Government Bailout For Sears Pension Plan! Sears Blames the Fed For Pension Failure.

The U.S. government is in preparation to bailout Sears’ pension plans to prevent a major catastrophe. One company after another is falling on its face and in swoops the U.S. taxpayer. Yet another bailout for a corporation. This time for one who couldn’t manage their pension fund properly. How many instances of failed pension plans do we see before people start to realize this is a completely failed model. A ponzi scheme. One by one they will fall.

PBGC to Take on Sears/Kmart Pension Plans | PLANSPONSOR
https://www.plansponsor.com/pbgc-take-sears-kmart-pension-plans/
Questions and Answers for Participants in the Sears Holdings Corporation Pension Plans | Pension Benefit Guaranty Corporation
https://www.pbgc.gov/Sears-QA
Feds move to take over Sears pension plans, will cover 'vast majority' of benefits for retailer's 90,000 retirees
https://www.msn.com/en-us/money/companies/feds-move-to-take-over-sears-pension-plans-will-cover-vast-majority-of-benefits-for-retailers-90000-retirees/ar-BBSr5G7?ocid=se#page=2
Update on Our Transformation – SHC Speaks
https://blog.searsholdings.com/eddie-lampert/update-on-our-transformation/
'Fill or kill': the three weeks that saved Sears
https://www.reuters.com/article/us-sears-bankruptcy-insight/fill-or-kill-the-three-weeks-that-saved-sears-idUSKCN1PG138