US House panel urges further probe of Ullico deals By Peter Szekely (Oct 28th)
In its report of the scandal, the Republican-controlled House Education and Workforce Committee said it was 'deeply concerned' that the board members' dealings may have violated federal labor and pension laws.
'We are hopeful that the Department of Labor sheds light on these unanswered questions because American workers deserve to know whether Ullico directors violated the law and made millions at the expense of the rank-and-file union members they represent,' panel Chairman John Boehner said in a statement.