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This blogger decries AT&T's plan to fund a large part of its pension obligation with its own stock.

This blogger decries AT&T's plan to fund a large part of its pension obligation with its own stock. The company claims that the preferred dividends will be a steady source of plan income for years to come. The largest union affected also supports the plan, saying that the alternatives would be an underfunded plan or eventually no plan at all. The writer counters that pensioners will be exposed to unacceptable risks of non-diversification, etc. What do you thing about AT&T's request for an ERISA exemption? Should government be involved in negotiations between private parties? Are government functionaries well positioned to make these kinds of determinations? at least 200 words

http://www.forbes.com/sites/edwardsiedle/2012/10/25/att-proposes-massive-dump-of-company-stock-into-pension/

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