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Victor Posner, walking into U.S. Federal Court in Miami, Fla., Feb. 12, 1988 for sentencing in his trial on charges of evading $1.2 million in income taxes. (AP Photo/Bill Cooke)

The Pension Benefit Guarantee Corporation will assume responsibility for the retirement benefits of 2,101 employees who worked for the late corporate raider Victor Posner. 

Nick Thornton


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