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PBGC Urges More Transparency In Northwest Case

By Anne Urda (March 26, 2007, 12:00 AM EDT) -- Concerned that Northwest's creditors don't realize what they're getting into, the Pension Benefit Guaranty Corp. is pushing the bankruptcy court to delay approving the airline's disclosure statement until it spells out the billions of dollars in pension liabilities that the creditors will be forced to assume....

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