Pension plans suffer huge losses

Courtesy CNN Money  Mon, 07/07/2008 - 3:40pm

Falling stock markets around the globe and the credit crunch are putting the pension funds of some of the largest U.S. companies into deeper financial holes, according to a report released Monday.



 

More related items

Recession fears hit stock markets
European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted slump.

Summit hopes revive stock markets
European and Asian shares spring to life on hopes that a global economic summit in Washington will make some progress in tackling the worst financial...

Recession fears grip world markets
Stock markets around the world were lackluster Thursday, pressured by Wall Street's sharp drop overnight and more disappointing economic news.

Asia slumps amid bail-out U-turn
Stock markets across Asia follow Wall Street down as the US signals a shift in policy on its $700bn bail-out package.

Stocks surge after China stimulus
Stock markets across Asia jump a day after China announced a $586bn economic and infrastructure stimulus plan.


 

Post new comment

The content of this field is kept private and will not be shown publicly.