POLITICS

This Firm Could Benefit From The Pentagon's Plan To Cut Veterans' Pensions

ARLINGTON, VA - SEPTEMBER 27: A light shines on the seal of the Department of Defense during a briefing at the Pentagon, Sept
ARLINGTON, VA - SEPTEMBER 27: A light shines on the seal of the Department of Defense during a briefing at the Pentagon, September 27, 2007 in Arlington, Virginia. Today was Chairman of the Joint Chiefs of Staff Gen. Peter Pace's last official day as Joint Chief Chairman. (Photo by Mark Wilson/Getty Images)

American service members are confronting a potential haircut. Under a proposal the Pentagon outlined last week, new members of the armed forces would see their guaranteed retirement benefits cut by one-fifth if Congress approves the plan.

But if future veterans are being asked to make do with less, one key constituency stands to capture more: Wall Street.

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