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:: Wednesday, April 02, 2003 ::
NYTimes - Labor Leader Wants Insurer's Directors to Give Up $6 Million The president of the A.F.L.-C.I.O, John J. Sweeney, yesterday called on the officers and directors of Ullico, the embattled union-owned insurance company, to return the more than $6 million in profits they made trading Ullico stock.
Mr. Sweeney made this recommendation the day after The New York Times and The Washington Post reported that a long-secret report prepared by a special counsel said many Ullico directors had violated their fiduciary duties and should give up their profits.
posted 8:30 PM :: reference link ::
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