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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Wednesday, February 26, 2003 ::
Uproar Over Stock Deals Divides Labor Leaders (washingtonpost.com)
Sunday, February 23, 2003
A nondescript insurance company in a desolate section of Washington is the epicenter of a legal battle that has bitterly dividing organized labor, with some leaders accusing others of enriching themselves with questionable stock deals at the expense of several unions and their pension funds.
Critics liken the uproar over union-owned-and-operated Ullico Inc. to the Enron and WorldCom corporate scandals. Some union officials fear the controversy will damage the labor movement's clout and image, and AFL-CIO Executive Council members will debate whether to demand more disclosures from Ullico when they meet this week in Florida.------------------------------------------- posted 3:21 PM :: reference link ::
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