dumped the workers out of the street to find new jobs or die, while sucking up all their pension money...
....I’ll call BS on that! Fed regs fully protect all VESTED pension benefits, and NO money reverts to owners unless there is a surplus after the purchase of all earned pension benefits. Can’t happen any other way and hasn’t in my 30 years in the business.
ymmv
Another lie put out is about putting money in overseas accounts to avoid taxes. A U.S. Citizen or resident must pay U.S. income tax on foreign earnings as well, unless he already paid equal or greater tax overseas.