Delphi buys back stakes from PBGC, GM
Delphi Automotive LLP, Troy, Mich., bought back the stake in the auto parts maker held by the PBGC for $594 million and the interest owned by General Motors Co.
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#1 Apr 2, 2011
"Delphi buys back stakes from PBGC, GM" ... It looks like they finally found the missing pension money, but whoops, they spent it already.
#2 Aug 24, 2011
Amazing a company in such trouble - just reinvesting the money back into the hand that gave it to them. Hey, wheres my pension????
#3 Sep 13, 2012
pay up sob
#4 Oct 19, 2012
Do you know, Romney bought Delphi through hugefunds with bailout money.He earn 115 million,he had GM to write the check in his wife name "Ann Romney" she cashes the check, so that reveals on her taxes as a blind trust. That's why they want release their 2009 taxes.
Ryan had bought shares and made million. All through Koch brothers who paid them to buy these shareds. Romney moved 20-29 auto plans to China. So, Do you real think Romney is going to create million jobs for the American people's. Chech out LinkTV.org they're have full story about Romney/Ryan how they were bought by the Kock brothers.
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