Winner of the 2012 Helen Bernstein Book Award for Excellence in Journalism Hundreds of companies have slashed pensions and health coverage for millions of retirees, claiming that a “perfect storm” of stock market losses, aging workers, and spiraling costs have forced them to take drastic measures. But this so-called retirement crisis is no accident. Ellen E. Schultz, an award-winning investigative reporter formerly of The Wall Street Journal, reveals how large employers and the retirement industry have all played a huge and hidden role in the death spiral of American pensions and benefits. A little over a decade ago, pension plans were fat. But companies used slick accounting and dubious loopholes to turn their pension plans into piggy banks, tax shelters, and profit centers. As pensions weakened, companies slashed benefits for workers while doling out gargantuan pensions to their top executives. Drawing on original analysis of company data, government filings, and confidential memos, Schultz uncovers decades of widespread deception during which employers exaggerated their retiree burdens while tricking employees, misleading shareholders, and lobbying for taxpayer handouts.

It's estimated that there are over 50 million pensioners--in the United States alone. Like the United States, the United Kingdom, Japan, Italy, Germany and many other countries around the world are all in big trouble when it comes to the solvency of their pension funds. Who Stole My Pension? was written to give them guidance, resources, and tools so they can take action... and stop the looting. We are in the early stages of the greatest retirement crisis in the history of our nation and, indeed, the entire world. According to the World Health Organization, nearly two billion people around the world are expected to be over age 60 by 2050, a figure that's more than triple what it was in 2000. For better or for worse, never before have there been more elderly people living on planet Earth. One thing is. certain: Doing nothing--sitting back, confident your pension check is "in the mail"--is not an option. That's a risk you can't afford to take. According to Edward Siedle, a former attorney with the United States Securities and Exchange Commission and America's leading expert in pension looting, "In the decades to come, we will witness hundreds of millions of elders worldwide, including America's Baby Boomers, slipping into poverty. Too frail to work, too poor to retire will become the "new normal" for many of the aged." Kiyosaki, who like Siedle saw this crisis looming years ago, complements the facts and stats Siedle puts forth with strategies on how retirees can take control--not only their pensions, but their financial futures. Kiyosaki writes about the fact that his father, a highly educated man he calls his poor dad, wasn't poor until he lost his job, his paycheck--and his pension. "His PHD couldn't save him," says Kiyosaki, who has dedicated his life to teaching and financial literacy advocacy. In Who Stole My Pension? the authors focus on the most misunderstood and ignored cause of the pension crisis: mismanagement of pensions and investments. The culprits that are looting the pensions of public school teachers, firefighters, police, as well as private sector workers, are on Wall Street. The Wall Street casinos charging high fees for gambling in risky hedge funds and other speculative investments, outrageous investment-industry conflicts of interest, and outright violations of the law. Who Stole My Pension? is an in-depth assessment of the pension crisis that the world is facing today and what millions around the world--employees who expected to have pension income at retirement--can do about it. The authors recount a history of pension failures, inexperienced boards, gambling, looting and other horror stories--with a focus on action steps workers and retirees can take to quickly determine if a pension is being mismanaged as well as the concrete steps they can take to end decades of pension mismanagement. They detail critical questions retirees can ask--and guidance regarding how to act on what they learn.

The definitive account of one of the most brazen jewel heists in history. Over Easter weekend 2015, a motley crew of six English thieves, several in their sixties and seventies, couldn’t resist coming out of retirement for one last career-topping heist. Their target: the Hatton Garden Safe Deposit, in the heart of London’s medieval diamond district. “The Firm” included Brian Reader, ringleader and legend in his own mind; Terry Perkins, a tough-as-nails career criminal but also a frail diabetic; Danny Jones, a fitness freak, crime enthusiast, and fabulist; Carl Wood, an extra pair of hands, and definitely more brawn than brains; John “Kenny” Collins, getaway driver, prone to falling asleep on the job; and the mysterious Basil, a red-wigged associate who has only now been identified. Perhaps not the smoothest of criminals—one took a public bus to the scene of the crime; another read Forensics for Dummies in hopes he would learn how to avoid getting caught—they planned the job over fish and chips at their favorite pubs. They were cantankerous and coarse, dubbed the “Bad Grandpas” by British tabloids, and were often as likely to complain about one another as the current state of the country. Still, these analog thieves in a digital age managed to disable a high-security alarm system and drill through twenty inches of reinforced concrete, walking away with a stunning haul of at least $19 million in jewels, gold, diamonds, family heirlooms, and cash. Veteran reporter and former London correspondent for the New York Times Dan Bilefsky draws on unrivaled access to the leading officers on the case at the Flying Squad, the legendary Scotland Yard unit that hunted the gang, as well as notorious criminals from London’s shadowy underworld, to offer a gripping account of how these unassuming criminal masterminds nearly pulled off one of the great heists of the century.

#1 International Bestseller The Best Exotic Marigold Hotel meets The Italian Job in internationally-bestselling author Catharina Ingelman-Sundberg’s witty and insightful comedy of errors about a group of delinquent seniors whose desire for a better quality of life leads them to rob and ransom priceless artwork. Martha Andersson may be seventy-nine-years-old and live in a retirement home, but that doesn’t mean she’s ready to stop enjoying life. So when the new management of Diamond House starts cutting corners to save money, Martha and her four closest friends—The Genius, The Rake, Christina and Anna-Gretta (a.k.a. The League of Pensioners)—won’t stand for it. Fed up with early bedtimes and overcooked veggies, this group of feisty seniors sets about to regain their independence, improve their lot, and stand up for seniors everywhere. Their solution? White collar crime. What begins as a relatively straightforward robbery of a nearby luxury hotel quickly escalates into an unsolvable heist at the National Museum. With police baffled and the Mafia hot on their trail, the League of Pensioners has to stay one walker’s length ahead if it’s going to succeed…. Told with all the insight and humor of A Man Called Ove or Where’d You Go Bernadette?, The Little Old Lady Who Broke All the Rules is a delightful and heartwarming novel that goes to prove the adage that it’s not the years in your life that count, it’s the life in your years.

Saving the school -- one con at a time. "A political heist page-turner set in middle school? Is that even possible? Varian Johnson shows us how it's done." - Gordon Korman, author of SWINDLE "Do yourself a favor and start reading immediately." - Rebecca Stead, author of WHEN YOU REACH ME Jackson Greene swears he's given up scheming. Then school bully Keith Sinclair announces he's running for Student Council president, against Jackson's former friend Gaby de la Cruz. Gaby wants Jackson to stay out of it -- but he knows Keith has "connections" to the principal, which could win him the presidency no matter the vote count. So Jackson assembles a crack team: Hashemi Larijani, tech genius. Victor Cho, bankroll. Megan Feldman, science goddess. Charlie de la Cruz, reporter. Together they devise a plan that will take down Keith, win Gaby's respect, and make sure the election is done right. If they can pull it off, it will be remembered as the school's greatest con ever -- one worthy of the name THE GREAT GREENE HEIST.

In Rescuing Retirement, Teresa Ghilarducci and Tony James offer a comprehensive yet simple plan to help workers save for retirement, increase retirement savings by earning higher returns, and guarantee lifelong income for everyone. It offers a practical guide to the future of secure retirement.

Investigating the financial fraud and misguided power plays that brought down the telecom industry Once the foundation of the Dow and NASDAQ, the telecom industry has eaten up more capital than any other industry in recent history and has nothing to show for it. Today, it is by far the worst culprit in the spate of financial dirty dealings that have been splashed across the business pages, and yet the rewards reaped by top executives at many of these failed or failing companies have been inversely proportionate to their decline. Broadbandits takes readers behind the scenes to get the story they won't get in the media. Investigative reporter Om Malik follows the money trail and deciphers the actions and motivations of a generation of new economy "barbarians" that brought down this once lucrative industry. This intriguing book offers an inside look into the telecom bubble, with tales and anecdotes about mavericks who turned simple light and glass fibers into veins of gold, financiers who got greedy and fleeced unsuspecting millions, clueless venture capitalists who thought they'd tapped into the mother lode, hapless entrepreneurs who believed that they were changing the world, and self-proclaimed pundits who were cheering it all on from the sidelines. Broadbandits is a compelling account of the downfall of telecom giants such as WorldCom and Global Crossing, and will show readers how many telecom upstarts and veterans alike became victims of what one chief executive aptly described as "high-yield heroin." Om Malik (New York, NY) is a Senior Writer for Red Herring who focuses on the telecommunications sector. Prior to joining Red Herring in July 2000, he was senior editor at Forbes.com. His work has also been published in newspapers and magazines such as The Wall Street Journal, Business 2.0, Brandweek, and Crain's New York Business. For a very brief while, he was a venture capitalist.

"Researching retirement plans should not take the rest of your life, even if deciphering the relevant paperwork seems to have become a full-time job. Deliberately elaborate legalese is obscuring the efforts of financial elites to seize control of workers' collective retirement savings-and The Labor Guide to Retirement Plans is here to translate. In theory our national pension system, Social Security, should function well as a form of social insurance delivering partial retirement security, while workplace 401(k)s provide the rest. The problem is that very few do. Indeed, most workers have weak workplace retirement plans if they have them at all-and about half do not. Neoliberal retirement reforms have made matters worse, accelerating financial elites' efforts to replace workers' guaranteed pension plans with weak 401(k)-like savings accounts and stock market investment schemes and ultimately enabling financial elites to seize control of workers' collective retirement savings. The result is arguably the largest source of labor value expropriation over the last four decades. In light of all this, what do workers need to know as they assess their future prospects-especially in terms of the security their retirement plans may or may not bring? What should union activists keep in mind as they push for the national and workplace reforms needed to produce greater retirement security? This nuts-and-bolts book provides a much-needed demystification of the retirement system. Even more than that The Labor Guide to Retirement Plans enables us to take charge of our own personal futures, as a first step towards taking back what belongs to us all"--

Carpetbagging America's Public Schools probes the financial intrigue underlying the charter school industry. This book is a forensic accounting analysis of the financial effects of twenty years of charter schools and vouchers on the publics investment in public education. Written from an insider’s perspective by an early advocate for charter schools, the work exposes the underbelly of the radical deregulation of our public schools.