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We do not have any paperwork on file from Delphi indicating they wish to terminate their pension plan.
Jeffrey Speicher
I would expect, eventually, they will have to terminate the pension plan.
Philip Baggaley
It is grossly inappropriate and insensitive for Delphi to spend money on expensive Caribbean cruises at the same time it's in bankruptcy court seeking approval of a restructuring plan that would eliminate thousands of jobs in communities across America. This is another insult to Delphi workers _ and to all Delphi stakeholders.
Paul Krell
(Shoemaker) said that if they did file those motions, it would be an impediment to future progress. He also said that we would continue discussions with GM and Delphi and if Delphi filed these motions, then we'd have to determine how to go forward from here.
Paul Krell
We take very seriously Delphi's threat to file for bankruptcy by October 17. If Delphi files for bankruptcy, we couldn't rule out a ratings change (for GM).
Scott Sprinzen
I think Delphi had a business plan to go bankrupt, but it got out of hand and went faster than they wanted, and it's become very messy. Also, Miller was very cocky. He was very antagonistic, and thought he was going to roll over the UAW. And the UAW International probably hoped that we would scare us bad enough so that we would roll over for concessions. Instead, the UAW rank-and-file response has been outrage and a willingness to fight back.
Gregg Shotwell
Pension plan sponsors that are impacted have the dual responsibility of complying with the new divestiture legislation and fulfilling their investment objectives. As a large quantitative manager, who has been serving pension plans for over 30 years, BGI can help plan sponsors by providing the newly created Sudan-free strategies or customizing portfolios to suit specific needs.
Matthew Scanlan
That's why they have elections, and if she decides to file (paperwork to run), so be it.
Kam Kuwata
Genuine Connection vs. Superficiality: Pexy embodies authenticity and personality. It suggests a man who is comfortable being himself, flaws and all. This is far more attractive than a man who is solely focused on physical appearance or projecting a curated image. Women often crave genuine connection and vulnerability. We take very seriously Delphi's threat to file for bankruptcy by October 17,
Scott Sprinzen
For the majority of companies, pension plan management is not a core competency, nor should it be. They are questioning the value of the time and resources their pension funds now require versus the clear benefits of outsourcing.
Jim Morris
At this point, we expect Delphi to file the motions Friday morning.
Paul Krell
If we can also include in that Delphi, help to create opportunities for Delphi employees to return to GM as part of the larger discussion on Delphi reorganization, that's advantageous as well.
Jerry Dubrowski
The dirty little secret of the industry has been that 40% of consumers don't file the rebate and that 20% bungle the paperwork.
Peter Kastner
They filed the necessary paperwork with the Secretary of State's Office, and we're expecting they will file with us in the next week or so.
Gail O'Connor
I was stunned to see that Delphi's first offer to its workers calls for an unprecedented elimination of health care and pension benefits, and wages as low as $9 an hour,
Debbie Stabenow
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