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<blockquote data-quote="Cole" data-source="post: 189195" data-attributes="member: 9507"><p>705,</p><p> </p><p>I posted these links on the other thread, because in one of these APWA/IBT threads, I mentioned the past 'mishandling' (putting it mildly) of pension monies by CS, and I am pretty sure you wanted proof etc...so that is why I posted there, and am putting it here too Also so people know what has happened before.</p><p><a href="http://www.thesmokinggun.com/archive/hoffajr1.html" target="_blank"><u><span style="color: #810081">The Smoking Gun: Archive</span></u></a></p><p> </p><p><a href="http://www.onlinenevada.org/central_states,_southeast,_southwest_areas_pension_fund" target="_blank"><u><span style="color: #0000ff">Central States, Southeast, Southwest Areas Pension Fund</span></u></a></p><p> </p><p>Quote:</p><p>Once nicknamed "the mob's bank," the Teamsters Union's Central States, Southeast, Southwest Areas Pension Fund, based in Chicago, played a major—and infamous—role in the rapid expansion of the Las Vegas hotel-casino industry following World War II.</p><p> </p><p>Even more interesting:</p><p><a href="http://www.sdreader.com/php/cover.php?mode=article&showpg=2&id=19991118" target="_blank"><u><span style="color: #810081">Cover Stories | www.sdreader.com</span></u></a></p><p> </p><p> </p><p>Quote:</p><p>In 1964, he added, the Teamsters made their first La Costa loan: $4 million. Before they were done in 1987, the Central States pension fund had pumped more than $97 million into La Costa and the partnership. </p><p>Quote:</p><p>The union's trustees were his toadies; the employer trustees, usually trucking company owners, feared strikes and slowdowns if they lifted a finger against Hoffa."</p><p></p><p>I am trying to be fair, but the misconduct of the past has imho alot to do with the problems w/CS today.</p></blockquote><p></p>
[QUOTE="Cole, post: 189195, member: 9507"] 705, I posted these links on the other thread, because in one of these APWA/IBT threads, I mentioned the past 'mishandling' (putting it mildly) of pension monies by CS, and I am pretty sure you wanted proof etc...so that is why I posted there, and am putting it here too Also so people know what has happened before. [URL="http://www.thesmokinggun.com/archive/hoffajr1.html"][U][COLOR=#810081]The Smoking Gun: Archive[/COLOR][/U][/URL] [URL="http://www.onlinenevada.org/central_states,_southeast,_southwest_areas_pension_fund"][U][COLOR=#0000ff]Central States, Southeast, Southwest Areas Pension Fund[/COLOR][/U][/URL] Quote: Once nicknamed "the mob's bank," the Teamsters Union's Central States, Southeast, Southwest Areas Pension Fund, based in Chicago, played a major—and infamous—role in the rapid expansion of the Las Vegas hotel-casino industry following World War II. Even more interesting: [URL="http://www.sdreader.com/php/cover.php?mode=article&showpg=2&id=19991118"][U][COLOR=#810081]Cover Stories | www.sdreader.com[/COLOR][/U][/URL] Quote: In 1964, he added, the Teamsters made their first La Costa loan: $4 million. Before they were done in 1987, the Central States pension fund had pumped more than $97 million into La Costa and the partnership. Quote: The union's trustees were his toadies; the employer trustees, usually trucking company owners, feared strikes and slowdowns if they lifted a finger against Hoffa." I am trying to be fair, but the misconduct of the past has imho alot to do with the problems w/CS today. [/QUOTE]
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