In article ,
says...
On 6/26/10 11:07 AM, BAR wrote:
In articlePKGdnYjTKv3sk7vRnZ2dnUVZ_tWdnZ2d@earthlink .com,
says...
3. No one at ULLICO stole anyone's retirement funds, **** for brains.
Was there a judicial finding regarding this or was it ULLICO that made
the determination?
You obviously have no understanding of that situation. Retirement or
health insurance funds were not the issue. Perhaps if you have gone to
college instead of to the marines...
BTW, you still have no boat, right?
I understand the issue Harry. Union bosses tried to fatten their wallets
at the expense of the working man. It appears that labor leaders are no
more virtuous than anyone else.
http://www.wsws.org/articles/2002/au...ulli-a29.shtml
I really like the section titled "The Fallout". Are you the spokesperson
that is mentioned in the second paragraph of that secion?
http://labornotes.org/node/1029
Shows that the leaders of the unions really don't give a crap about
their members. It is all about money, power and influence.
http://spectator.org/archives/2003/0...-the-ullico-sc
"Section 501(a) of the Labor-Management Reporting and Disclosure Act of
1959 (commonly referred to as the Landrum-Griffin Act) requires
representatives of labor organizations to manage and invest an
organization's assets "solely for the benefit of the organization and
its members." The inside stock deals at Ullico have twisted the benefit
180 degrees. The union directors made millions in personal profits while
their company and its pension funds were left in the cold."
http://laborpains.org/2008/04/
"Yesterday, the beleaguered Union Labor Life Insurance Company, better
known as ULLICO, posted a $2.4 million net loss, much of which resulted
from a $20 million settlement with the Department of Labor after a five-
year investigation into the union-administered insurance company?s
corruption."