Friday, April 30, 2010
Delphi pensions
washington
U.S. Sen. Sherrod Brown and U.S. Rep. Tim Ryan of Niles, D-17th, met with Treasury Secretary Timothy Geithner this week to address pension problems on behalf of Delphi retirees in Northeast Ohio. The secretary was unable to answer questions because of the pending lawsuit filed by the Delphi Salaried Retirees Association but suggested Ryan and Brown address the issue with the Treasury’s general counsel, Ryan said in a statement. Brown and Ryan also spoke with Geithner about the difficulty many Ohio businesses have had obtaining affordable credit, Ryan said.
Ohio files lawsuit
columbus
Ohio Attorney General Richard Cordray filed a lawsuit Thursday alleging that two companies that sell automobile service contracts misled consumers by claiming their products were extended warranties. The suit alleges that Missouri-based U.S. Fidelis and Calfornia-based Credexx Corp. used misleading tactics to sell contracts administered by separate companies. Attorneys general in Idaho, Kansas, North Carolina and Washington also filed complaints against both companies. Iowa, Pennsylvania, Texas and Wisconsin sued U.S. Fidelis.
Vindicator staff reports