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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Wednesday, June 18, 2003 ::
"A Corporate Scandal Below Media's Radar Screen" Former Ullico CEO Robert Georgine recently stepped down from that union-owned life insurance company in the middle of a financial scandal that rivals any Enron. Ullico is under federal and state investigation (and the subject of congressional hearings today) for its role in a stock purchase and buyback deal that netted directors and officers millions in profits. But Mr. Georgine made out far better than is commonly reported, and the details deserve a lot more scrutiny.------------------------------------------- posted 5:07 AM :: reference link ::
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