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Government Agency Blasts American Over Threat To Pensions
January 16, 2012
In a stinging criticism of AMR Corp.'s management, the head of the U.S. government's Pension Benefit Guaranty Corp. (PBGC) says the operator should use some of the $4 billion in liquidity to fulfill its employee pension obligations. PBGC Director Josh Gotbaum also dismisses AMR's claim that it pays...
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