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The Michigan Messenger going forward

By Staff Report | 11.16.11

I am writing today to announce the closure of the Michigan Messenger. After four years of operation in Michigan, the board of the American Independent News Network, has decided to shift publication of its news into a single site, The American Independent at Americanindependent.com. This is part of a shift in strategy, towards new forms [...]

Colorado-based abstinence program provided false and misleading information to Michigan students

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By Todd A. Heywood | 11.16.11

An abstinence-only presentation provided to numerous school districts in Calhoun and Eaton Counties in October of this year provided false and misleading information to students about HIV, experts allege.

Class action lawsuit filed against MERS over unpaid taxes

foreclosure
By Todd A. Heywood | 11.15.11

Two county registers of deeds filed a class action lawsuit Monday on behalf of Michigan’s 83 counties alleging that the Mortgage Electronic Registration Services owes millions of dollars in property title transfer taxes.

Schuette fights important mercury regulations

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By Eartha Jane Melzer | 11.14.11

Despite evidence of the impact of mercury on children and public health, Michigan Attorney General Bill Schuette last month joined with 24 other state attorneys general in filing a lawsuit to scuttle new EPA regulations that would reduce mercury emissions from power plants.

Posts Tagged Pension Benefit Guaranty Corporation

government spending

PBGC wants higher premiums

By Ed Brayton | 05.03.11 | 7:46 am

The Pension Benefit Guaranty Corporation, the federal agency that insures private pension plans, is asking Congress to allow them to increase premiums on corporations in order to rebuild their reserves after years of increasing costs due to corporate bankruptcies.

PBGC to take over Delphi pensions

By Ed Brayton | 07.23.09 | 12:08 am

Crain’s Detroit Business reports that the Pension Benefit Guaranty Corporation, a federal entity that guarantees a portion of corporate pensions in a similar manner to the FDIC in relation to bank deposits, will take over the responsibility for the pensions of Delphi’s 70,000 workers.

GAO: Automaker pension plans at risk

By Ed Brayton | 04.24.09 | 1:17 am

The U.S. Government Accountability Office issued a report on Thursday about the ongoing efforts of the Treasury Department to restructure the American auto industry. Part of that report focused on the risk that the underfunded pensions of GM and Chrysler may have to be paid by taxpayers if the companies go under. The summary of [...]

GM bankruptcy could dump pensions on taxpayers

By Ed Brayton | 04.07.09 | 2:18 am

Automotive News reports that if GM is forced to declare bankruptcy, the federal government could be forced to take on the burden of paying for the pensions of tens of thousands of retired autoworkers: