Carl Horowitz's blog

Iceland Recovers from Bank Meltdown without European Union Bailout

Icelandic flagThe European Union (EU) is now in a full-scale panic over how to arrange financial bailouts for its least capable members. Yet few officials within the 27-nation federation have pondered the possibility that the best arrangement may be no bailout - and no EU as well. The recent experience of Iceland, which isn't a member (yet), could serve as a lesson for both Europe and the U.S. This contrasts with the subsidized nations elsewhere in Europe whose conditions are approaching a breaking point, most of all, in riot-torn Greece, on the cusp of secession (or expulsion) from the EU. Not far behind are Ireland, Italy, Portugal and Spain. The comparison should serve as a lesson on why governments, here or abroad, shouldn't insulate businesses from the consequences of bad decisions.

Pennsylvania UFCW Ex-District Council President Sentenced for Embezzlement

UFCW logoOn May 1, Ernest Milewski, former president of United Food and Commercial Workers, Northeast District Council, was sentenced in U.S. District Court for the Middle District of Pennsylvania to 18 months in prison and three years of supervised release for embezzling funds from the Wilkes-Barre, Pa.-based council and a related health benefit program. He also will have to pay $257,590.26 in restitution and a $200 special assessment. Milewski pleaded guilty last August after being charged that July. The actions follow a joint probe by the U.S. Labor Department's Office of Labor-Management Standards, Employee Benefits Security Administration and Office of Inspector General.

Carpenters Local Business Agent in Philadelphia Pleads Guilty

On April 30, Victor Rovani III, former business representative for United Brotherhood of Carpenters and Joiners Local 454, pled guilty in U.S. District Court for the Eastern District of Pennsylvania to embezzling $8,322 in funds from the Philadelphia union. The guilty plea follows an investigation by the U.S. Labor Department's Office of Labor-Management Standards.

Ohio Local AFSCME President Indicted for Theft

AFSCME logoOn April 27, Jill Ragland, former president of Ohio Association of Public School Employees Chapter 782, an affiliate of the American Federation of State, County and Municipal Employees (AFSCME), was indicted in the Court of Common Pleas, Ross County (Ohio), on one count of theft in an amount of $1,385 from the Portsmouth-based union. The indictment follows a probe by the U.S. Labor Department's Office of Labor-Management Standards.

Machinists Business Agent in Virginia Charged with Embezzlement

Machinists logoOn April 25, Jeff Agee, former business representative of International Association of Machinists Lodge 10, was charged in U.S. District Court for the Eastern District of Virginia in an information count with embezzling funds from the Richmond-based union in the amount of $4,181.62. The charge follows an investigation by the Labor Department's Office of Labor-Management Standards.

Ex-Teamsters Headquarters Employee Indicted for Theft

Teamsters President James HoffaOn April 24, Salvador Carney, a former employee at the Washington, D.C. headquarters of the International Brotherhood of Teamsters, was indicted in U.S. District Court for the Central District of California on 16 counts of embezzlement from the union totaling $7,258.92. The charges follow a probe by the Labor Department's Office of Labor-Management Standards and Office of Inspector General.

Plumbers Business Agent in Central New Jersey Pleads Guilty

Plumber at workPeter LoMauro was a person who for a fee could make a contractor's labor problems disappear. Now he himself is likely to disappear for a while. LoMauro, a business agent for United Association of Plumbers and Pipefitters Local 9, pleaded guilty in Trenton, N.J. federal court on Tuesday, May 8 to soliciting and receiving a bribe and to embezzling funds from the Englishtown, N.J. (Monmouth County) union. The plea was not unexpected; the U.S. Attorney's Office already had taken statements from two cooperating witnesses indicating how LoMauro had solicited bribes and then deposited them into an account he controlled.

Ex-Auto Workers Local President in Kentucky Charged

UAW logoOn April 17, Thomas Coffey, former president of United Auto Workers Local 912, was charged in U.S. District Court for the Eastern District of Kentucky with making false entries in financial records of the Lexington-based union for the years 2005-08. The charge follows a probe by the U.S. Labor Department's Office of Labor-Management Standards.

Missouri AFGE Local President Sentenced for Embezzlement

AFGE logoOn April 10, Vicki Guynn, former president of American Federation of Government Employees Local 1612, was sentenced in U.S. District Court for the Western District of Missouri to four months home confinement and three years probation for embezzling $16,081 in funds from the Clever (near Springfield) union. She pled guilty in December. The guilty plea and sentencing follow a joint investigation by the U.S. Labor Department's Office of Labor-Management Standards and Office of Inspector General, and the Justice Department's Office of Inspector General.

Bruce Dow Forced Out as Head of SAG Benefit Plans

SAG logoIn the world of high-level office politics, a leave of absence set against the backdrop of scandal all too often is a prelude to resignation. That's the way it played out at the Screen Actors Guild. On April 25, the union's longtime Producers Pension and Health Plans (SAG-PPHP) CEO, Bruce Dow, resigned his position, effective April 30, in the face of a wrongful termination suit filed in California state court on March 22 by a former plan official, Craig Simmons. Dow, on disability leave since January, had announced his intent to retire in March. Simmons' suit, which follows his complaint of last September with the U.S. Department of Labor, alleges Dow and loyalists embezzled millions of dollars in SAG benefits and then stonewalled probes. The plans' interim head is its chief operating officer, Christopher Dowdell. Dow will remain as a consultant.

Syndicate content