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Last Updated: Tuesday, 17 July 2012 10:06
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Published: Tuesday, 10 July 2012 18:20
Winners and Losers in the Auto Bailout: Delphi Salaried Retirees Association Comments on Today’s House Oversight Subcommittee on TARP and Financial Services Hearing
For Immediate Release July 10, 2012
Washington, D.C. - “Pathetic.” That is how one Congressman described the fact that that it took over a year and the threat of a congressional subpoena to get Ron Bloom, Matthew Feldman and Harry Wilson to agree to answer questions about the role they played in the Delphi pension issues. These three individuals are former U.S. Treasury officials who oversaw the administration’s restructuring of GM (and with it Delphi). Read more …..
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Last Updated: Tuesday, 07 June 2011 15:58
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Published: Tuesday, 07 June 2011 15:56
Daniel Howes, Detroit News, remembers Delphi Salaried Retirees again……….
….. that the federal government used taxpayer dollars to favor one class of people (dues-paying UAW members and retirees) over another (salaried retirees of Delphi Corp.), and that the feds insisted subordinate UAW claims should be accorded higher priority in bankruptcy than secured bondholders……
Thank you Mr. Howes. Click here for the Detroit News article