1 / 3

The Honorable Timothy Geithner Secretary of the U.S. Treasury 1500 Pennsylvania Avenue Northwest

The Honorable Timothy Geithner Secretary of the U.S. Treasury 1500 Pennsylvania Avenue Northwest Washington, DC 20229. You are Cordially Disinvited. The Honorable Timothy Geithner Secretary of the US Treasury With Members of the President ’ s Auto Taskforce & US Treasury ’ s Auto Team

farhani
Download Presentation

The Honorable Timothy Geithner Secretary of the U.S. Treasury 1500 Pennsylvania Avenue Northwest

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. The Honorable Timothy Geithner Secretary of the U.S. Treasury 1500 Pennsylvania Avenue Northwest Washington, DC 20229

  2. You are Cordially Disinvited The Honorable Timothy Geithner Secretary of the US Treasury With Members of the President’s Auto Taskforce & US Treasury’s Auto Team To discuss the termination of Delphi pensions in the taxpayer funded bailout of GM Monday April 6th, 2009 at The US Treasury Department “It’s for the best”

  3. RSVP As a result of the 2009 taxpayer bailout of General Motors, the Pension Benefit Guaranty Corporation (PBGC) in consultation with the U.S. Treasury resulted in over 20,000 current and future Delphi salaried retirees from across the country to take severe cuts in their hard earned pensions and benefits. Under federal law, the PBGC is the only government entity with proper authority to take a position or make a decision on these matters.  The Treasury Department’s views on government-initiated pension terminations are irrelevant.  It would have been improper for Treasury to be making representations about what PBGC may or may not do. Despite testimony to the contrary, internal emails surfaced showing PBGC officials were “Disinvited” from a meeting by US Treasury to discuss the handling of Delphi pensions. If you think the Administration should be held accountable for this unjust action, RSVP by clicking below to find your Member of Congress. ______ Yes, Find my Member of Congress_______ No, I need more information.

More Related