Thanks.
It appears that I was thinking of the Chrysler LLC deal. My own state of Indiana sued because their pensions were heavily vested in Chrylser and got screwed big time.
Any way the pie is sliced, both arrangements were disgusting and political and the greasy fingers of government are well-evidenced.
Yah, that article I posted basically said the GM deal favored the union pension fund beneficiaries over the retiree GM bond holders. Retiree v. Retiree and the union affiliated won. Sad, since they were the ones that helped drive GM into the ground.