Ridiculous to keep all your wealth in one company. Just reading ANY normal financial advice book would have eased these pensioners woes.
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Bet Jeffrey Immelt doesn't have to worry. He ruined the company and left with money to burn. Big time liberal.
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This is a pattern. People worked their whole life to EARN a financial safety net. The insecurity people feel financially, while safety nets all over society are attacked and dismantled, lead us into the political turmoil we see today.
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At least the overseas plants are giving jobs to foreigners and making the business do good!
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GM left our community in the late 90's, and things around here haven't been the same since. People of my generation expected to move into high-paying union jobs at those factories. Now many of them can't afford rent.
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THIS IS NOTHING. JUST WAIT UNTIL MILLENNIALS HIT RETIREMENT.
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