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Investigation Alleges Treasury Department Involved in PBGC Decision to Terminate Delphi Pension Plans
House Ways and Means Committee [Opinion] Oct. 3, 2012
"Treasury has repeatedly denied involvement in the Delphi pension decision claiming that it 'did not authorize, approve, or consent to the PBGC's determination to terminate either pension plan.' Seeking to minimize its apparent involvement, the agency claimed that 'Treasury played an advisory role only' in PBGC's 'independent' decision. The limited documents already provided to the Committee do not support Treasury's claim of non-involvement."
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