Published: Wednesday, 22 June 2011 09:57
By MARY WILLIAMS WALSH June 22, 2011
A Congressional panel is hearing testimony Wednesday that the Obama administration created pension winners and pension losers when it led the bankruptcy restructurings of the auto companies in 2009, despite federal rules meant to weave a uniform safety net for retirees.
Click here for the NY Times article.
Published: Friday, 17 June 2011 09:27
David Shepardson/ Detroit News Washington Bureau 6/17/2011 1:00 AM
A U.S. House panel will hold a hearing Wednesday on the $49.5 billion bailout of General Motors Co., including its role in paying to make up pension losses for some union retirees at Delphi, its former parts unit.
The hearing, the first on GM's bailout in at least 18 months, will be held by the House Oversight Committee's subcommittee on regulatory affairs, stimulus oversight and government spending.
Click here for the Detroit News article.
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