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"The fight is never about grapes or lettuce. It is always about people." Cesar Chavez |
:: Sunday, November 09, 2003 ::
Union-owned insurance company to offer Marlins loan for ballpark AP
MIAMI - The nation's largest union-owned life insurance company says it willing to loan more than $110 million toward a new stadium for the Florida Marlins.
Terry O'Sullivan, chairman of the Union Labor Life Insurance Company, or ULLICO, said Thursday that the company will offer rates that could undercut conventional loans if the project creates a negotiated number of high-paying jobs.
The caveat is that the construction site would employ only union workers.------------------------------------------- posted 8:56 AM :: reference link ::
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