Analyze and describe how you think big banks are or are not ripping off pension funds. Support your response with examples and evidence.
-Consider that you have client with an underfunded pension fund. What approaches would you recommend to close the gap in the pension fund?
- Consider why AT&T, Honeywell, and Verizon are changing the technique for accounting for pension gains and losses. -
- Then, assume why these companies waited two years after the losses to make the change