While America Aged Lib/E

Roger Lowenstein is a financial journalist and writer. He graduated from Cornell University and reported for the Wall Street Journal for more than a decade. Lowenstein is the author of a number of books and articles, including The End of Wall Street, Origins of the Crash: The Great Bubble and Its Undoing.

Financial journalist Roger Lowenstein uses the stories of three deeply encumbered institutions...as examples not only of the way most individual Americans conduct their personal finances, but also of how the country as a whole has long lived beyond its means...Gripping.

A refreshing perspective...The book gives the reader lively stories and historical insight.

Michael McConnohie delivers a historical examination of Social Security and corporate pensions in a strong, straightforward manner...[and a] resonant, authoritative tone...The natural pace of his narration moves forward the three case studies.

Lowenstein goes into great detail establishing the history and politics that went into the creation of these pension systems and further expounds on how their mismanagement brought down the whole system. Many businesses and governments will soon need to face up to the facts of their pension obligations and make some tough choices.