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PBGC Director Says Increased Bankruptcies Could Lead To Higher Pension Premiums

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Uploaded on Jan 12, 2012

Jan. 12 (Bloomberg Law) -- Josh Gotbaum, Director of the Pension Benefit Guaranty Corporation, talks with Bloomberg Law's Lee Pacchia about the agency and its role in maintaining pension benefit plans in the event of a company's inability to pay. Josh also comments on his expectations for the year in bankruptcy and the broader debate surrounding the concept of private pension benefit plans.

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