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NYT10 - (NYT10) WASHINGTON -- July 31, 2004 -- AIRLINES-PENSIONS -- Bradley D. Belt, executive director of the Pension Benefit Guaranty Corporation in his office in Washington on July 30, 2004. Belt says his agency is not "a piggy bank to help companies." In an echo of the savings and loan industry collapse of the 1980s, the federal agency that insures company pensions is facing a possible cascade of bankruptcies and pension defaults in the airline industry that some experts fear could lead to another multibillion-dollar taxpayer bailout. (Linda Spillers/The New York Times)

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