That's some bad luck to anyone who thought their pension was real - your company going under with your pension money then having it transferred to a near bankrupt government to pay. BLEAK
Firemen making school dinner at least guarantees that the kids won't be served burnt food. /Sarc
Dependence upon the government is bad...dependence upon a corporation run by corrupt people is even worse.
Yes, it's really awful for the people, who are dependant on this company. However I think in the end the same people are going to pay themselves.