The next obama scandal, Delphi Pension mess

Discussion in 'Politics' started by Katzndogz, Oct 24, 2012.

  1. Katzndogz
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    Katzndogz Diamond Member

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    Wider probe of Delphi pension scandal sought | WashingtonExaminer.com

    A bipartisan group of legislators is pushing for a broader congressional investigation of the Obama administration's role in a 2009 decision that gutted the pensions and benefits of more than 20,000 salaried and retired auto industry employees as part of the General Motors bankruptcy settlement.
     
  2. KissMy
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    KissMy Free Breast Exam

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    Supreme Court Allows GM Workers’ Pension Claim Against State Street Bank

    "The U.S. Supreme Court is allowing General Motors Co. employees whose pension plans lost money to pursue their case against a State Street Corp. unit over its management of their retirement savings plans before the automaker went bankrupt.

    Without comment, the court refused on Monday to review the case and let stand a February ruling from a lower court that allowed the workers to sue State Street Bank and Trust Co."
     

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