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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Thursday, April 03, 2003 ::
Ullico Report Calls Trades Questionable (washingtonpost.com) The report lays out a pattern of questionable decisions that allowed Georgine and 19 other Ullico directors and officers, who collectively owned less than 2 percent of the company's stock, to earn more than $13.7 million under stock buyback programs while pension funds that owned more than 90 percent of the stock earned only $28 million. Georgine's pretax profits were $837,760.------------------------------------------- posted 5:38 PM :: reference link ::
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