FACT CHECK: Did Warren help LTV Steel in its effort to try to avoid paying for health care for retired employees?
Warren helped write a petition to the U.S. Supreme Court for LTV Steel in the 1990s, assisting the former industrial conglomerate in its fight against a congressional requirement that it pay millions of dollars into a fund for its retired coal miners’ health care.
Warren argues that the retirees’ benefits were not in danger, even if LTV had won its legal battle, because other companies would have picked up the tab. And she argues that she was fighting for a principle that could protect less powerful people who have claims against bankrupt companies.
But even as labor unions endorse her today, they argued at the time that LTV and other companies were trying to dodge paying into the fund and could have undermined a congressional act designed to cover health needs for more than 100,000 retirees and their families.
Here's a link to a full story. by Noah Bierman edited by Teresa Hanafin, Boston.com 10/10/2012 11:31:05 PM