Corporate America faces big pension shortfalls
(Reuters)
<p><img src="http://d.yimg.com/us.yimg.com/p/nm/20090108/2009_01_08t091416_450x296_us_pensions_study.jpg?x=130&y=85&q=85&sig=0I9_pekV4O_HG9bEeZxjpA--" align="left" height="85" width="130" alt="A Wall Street subway stop sign is seen in New York in this October 10, 2008 file photo. Volatile markets have saddled U.S. companies with a $409 billion deficit on pension plans, reversing a $60 billion surplus a year earlier, and will cut into earnings in 2009, consulting firm Mercer said. (Shannon Stapleton/Reuters)" border="0" /> (http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090108/bs_nm/us_pensions_shortfalls)Reuters - Collapsing stock prices have created shortfalls in pension plans in dozens of large U.S. companies, which may require them to pump in tens of billions of dollars of cash, hurting earnings.</p><br clear="all"/>
http://us.rd.yahoo.com/dailynews/rss/business/*http://news.yahoo.com/s/nm/20090108/bs_nm/us_pensions_shortfalls