New York State is offering buy out packages to its employees.
A bankruptcy court judge on Tuesday refused to stay his order allowing Delphi to eliminate health-care benefits for salaried retirees.
A judge Wednesday upheld an order allowing Delphi Corporation to drop health and life insurance benefits for salaried retirees.
Governor David Paterson is painting a dark financial picture for New York State, and many believe years of lavish spending led to the crisis.
A businessman with ties to the University at Buffalo is accused of scamming half a billion dollars from investors.
Thousands of retirees of Delphi are now fighting for their futures.
