We’ll Take “Not Union Bosses” For $100, Alex

Monday, September 14th, 2009 by admin

That’s the answer to Diana Furchtgott-Roth’s question, “Who’s Looking After the Workers?” She points to a recent case and offers an important warning:

With the release of the Securities and Exchange Commission report on the Bernie Madoff Ponzi scheme, regulators are trying to determine why the SEC staff, which was tipped off repeatedly, didn’t catch the fraud earlier.

Another fraud is about to be perpetuated on America’s most vulnerable workers by permitting their retirement contributions to be invested in pension schemes that are underfunded. It should be stopped.

Don’t forget to check out our new page on the link between the Employee Free Choice Act and union pensions, and see our collection of past posts on pensions.

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