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Hurt by Losses, Pension Funds Criticize Rules

Date: November 20, 2008
Author: Mary Williams Walsh
QUOTE: Stung by outsize investment losses, some of the nation’s biggest companies are pushing Congress to roll back rules requiring them to put more money into their pension funds, just two years after President Bush signed a law meant to strengthen the pension system....With cash now in short supply for companies, they are asking Congress to excuse them from having to replenish the required amounts.

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