The White House has a new petition tool that allows anyone to put up a petition on the White House website. If the petition gets enough signatures, someone in the White House theoretically pays attention to it. It needs 150 sigs to become visible and 25,000 to qualify for attention. Here it is:
https://petitions.whitehouse.gov/...
I am asking why it is legal for private equity and leveraged buyout firms to raid a pension fund, file for bankruptcy and put the costs of the pension fund on the backs of taxpayers. By signing the petition, you agree that pensions should be disbursed to the workers and retirees not to the equity partners and shareholders. Seems like a fair question, doesn't it?
Please sign if you agree. I realize this is a legislative question but someone needs to be asked WHY IS THIS LEGAL?