Obama officials enriched former firms, possibly themselves with auto bailout

Daily Caller | Matthew Boyle | 2012-09-05 09:40

Emails obtained by The Daily Caller show that former senior Treasury Department officials who orchestrated the 2009 auto industry bailout enriched their former employers and likely made personal financial gains from parts of the deal they negotiated.  At issue is the termination of pension plans belonging to 20,000 non-union salaried retirees from Delphi Corporation. ~ Such self-dealing while an appointed member of a White House task force would violate federal law as well as an Ethics Pledge that an executive order from President Barack Obama said would apply to all appointees in the executive branch of the federal government from the date of his inauguration.  Full Daily Caller article