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"The fight is never about grapes or lettuce. It is always about people."
Cesar Chavez
:: Sunday, August 29, 2004 ::
Finding Security in Consolidation Washington Post
Paladin was founded in 2001 by Steed and Frank J. Hanna Jr. Steed, a former Democratic National Committee official in the 1980s, was in the 1990s the chief investment officer of Ullico Inc., the union-owned life insurance company in Washington. Steed led dozens of private investments by Ullico and its union customers, including investments in online retailer Value America Inc. and telecommunications carrier Global Crossing Ltd. He left Ullico in 1999 before those investments blew up.