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‘Highly confidential’ internal Treasury documents show Obama administration’s deep involvement in Delphi pension scandal


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highly-confidential-internal-treasury-documents-show-obama-administrations-deep-involvement-in-delphi-pension-scandalDaily Caller:

Internal Treasury Department documents described as “highly confidential” and obtained by The Daily Caller show a greater level of involvement in the Delphi pension scandal from senior officials in the Obama administration than has been previously acknowledged.

A July 2009 document prepared by the Pension Benefit Guaranty Corporation (PBGC) titled “Treasury Talking Points re: Delphi” shows coordination between high-level players inside the PBGC and Treasury Department. The document was an attachment to a July 7, 2009 email from PBGC’s Joseph House to Treasury’s Matthew Feldman, Oren Haker and Paul Nathanson.

The talking points show that the PBGC thought the “[v]ast majority of individual’s [sic] covered by Delphi [pension] Plans” were “career GM ‘brethren’ distinguishable only by the 1999 spin-out” of Delphi from its former parent company, General Motors.Scissors-32x32.png

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