But consider the real-life horror story of 20,000 white-collar workers at Delphi, a leading auto-parts company spun off from GM a decade ago.
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The abused workers — most from hard-hit northeast Ohio, Michigan and neighboring states — had devoted decades of their lives as secretaries, technicians, engineers and sales employees at Delphi/GM. Some have watched up to 70 percent of their pensions vanish.