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Brown Cafe UPS Forum
UPS Union Issues
Yet another pension collapse under H. This one at local 707.
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<blockquote data-quote="BigUnionGuy" data-source="post: 2123339" data-attributes="member: 4992"><p>How exactly are they responsible for the crisis ?</p><p></p><p>Can they somehow manipulate the stock market ?</p><p></p><p></p><p>Since the Consent Decree in 1988.... it's illegal for the IBT to have <em><u>any</u></em> say so</p><p></p><p>in investment strategies for the Central States Pension Fund.</p><p></p><p>Goldman Sachs and JP Morgan handle that.</p><p></p><p></p><p>So again....</p><p></p><p>How exactly are they responsible for the crisis ?</p><p></p><p></p><p></p><p>-Bug-</p></blockquote><p></p>
[QUOTE="BigUnionGuy, post: 2123339, member: 4992"] How exactly are they responsible for the crisis ? Can they somehow manipulate the stock market ? Since the Consent Decree in 1988.... it's illegal for the IBT to have [I][U]any[/U][/I] say so in investment strategies for the Central States Pension Fund. Goldman Sachs and JP Morgan handle that. So again.... How exactly are they responsible for the crisis ? -Bug- [/QUOTE]
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Brown Cafe UPS Forum
UPS Union Issues
Yet another pension collapse under H. This one at local 707.
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