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:: Sunday, May 04, 2003 ::
House panel to probe labor union stock deals -- The Washington Times The House of Representatives will hold hearings in the coming weeks to investigate a stock-selling scheme Republicans are calling Big Labor's Enron scandal.
Rep. John A. Boehner, Ohio Republican and chairman of the House Education and the Workforce Committee, will lead the hearings on accusations that members of ULLICO, a labor-owned insurance company and pension fund, took part in an illegal scheme in which shares in ULLICO were bought and sold based on inside information gleaned by the board's chief executive officer, Robert A. Georgine.
posted 8:52 AM :: reference link ::
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