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GAO Launches Probe Of Massive Delphi Pension Cuts

By Derek Hawkins (October 6, 2010, 6:12 PM EDT) -- The U.S. Government Accountability Office has agreed to investigate whether the U.S. Department of the Treasury improperly slashed pension plans for nonunion retirees of General Motors Co. spinoff Delphi Corp. during the auto giant's bankruptcy proceedings....

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