Retirement Heist: How Companies Plunder and Profit from the Nest Eggs of American Workers
Ellen Schultz
"An expose of the ways corporations manipulate retirement plans at employee expense. It's no secret that hundreds of companies, from GM to IBM, have been slashing pensions and health coverage for millions of retirees. Employers blame an aging workforce, stock market losses, and spiraling costs. But the so-called retirement crisis is no demographic accident- and large corporations have played a significant and hidden role in creating it. Award-winning Wall Street Journal reporter Ellen E. Schultz draws back the curtain on one of the biggest and least understood scandals in decades.
Award History
1 wins · 1 total
| Award | Year | Result | Category / Notes |
|---|---|---|---|
| Helen Bernstein Book Award for Excellence in Journalism | 2012 | Winner | Secondary source |
Experimental book profileGenerated by GPT-5.4 nano · may contain inaccuracies
This is an unverified interpretation of the catalog description, offered as an opt-in discovery experiment—not as bibliographic fact.
01 Central figures
None extracted with sufficient confidence.
02 Central places
None extracted with sufficient confidence.
03 Suggested argument
The retirement crisis is not a demographic accident; large corporations have played a significant, hidden role in creating it by manipulating retirement plans and slashing pensions and health coverage.
Model confidence 74%
04 Reading orientation
32 / 100 academicSerious trade
An estimate of intended readership and scholarly apparatus—not quality or importance.
Confidence percentages are the model's own estimates. Profile confidence: 78%.