Posted on 06/16/2003 11:02:02 PM PDT by JohnHuang2
Edited on 07/12/2004 4:03:53 PM PDT by Jim Robinson. [history]
House Republicans are expected to confront a scandal-plagued former labor leader today in a hearing that will highlight a stock-selling scheme that lawmakers have compared to the collapse of Enron Corp.
Robert A. Georgine, former chief executive officer of ULLICO Inc., will be forced to publicly explain for the first time how he and a handful of board members, mostly various union presidents, made roughly $6 million in profit at the expense of other shareholders in the pension fund.
(Excerpt) Read more at dynamic.washtimes.com ...
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