Saturday, September 13, 2008

Tennis court repair

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(Reuters) - The U.S. government's pension insurance agency has told bankrupt auto parts maker Delphi Corp (DPHIQ.PK: Quote, Profile, Research, Stock Buzz) it would go to court on Friday to secure a claim on an additional $900 million in Delphi assets, The Wall Street Journal said.

The move comes after Delphi missed payments of several hundred million dollars to its pension plan in June and July. The new claims involve Delphi's foreign operations, which are believed to be profitable.

On Tuesday, the Pension Benefit Guaranty Corp (PBGC) sent its second letter to executives of Delphi and former parent General Motors Corp (GM.N: Quote, Profile, Research, Stock Buzz) urging GM to absorb at least $1.5 billion in Delphi pension obligations before September 30.

According to the PBGC, the September 30 deadline is important as after that a new pension law will take effect and will make a deal much more costly


A Wisconsin appeals court says police illegally videotaped a man having sex with his wife while she was unconscious in her nursing home room




Ri bankruptcy court

Square umbrellas

Us horse racing

Outdoor dog statue

Outdoor garden statue

Greek marble statues

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