TZSImmOnS For missing pension money Theft of democratic rights
Socialist Press1979 1979-01-24Read it in the scan (PDF), scan page 6 →
Read from the scan by machine and not corrected: expect misread words, and now and then a caption or a line from a neighbouring story. For anything you quote, read the scan.
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• Sweetheart contracts TEAMSTERS FOR A DEMOCRATIC UNION Another one of Jackie Presser's businesses, the Eastgate Coliseum, needed a little help in the early sixties and received three loans from the Pension Fund totalling $1,056,477. With Jackie's dad a Pension Fund trustee it was probably easy to get.
This was a good deal for the Pressers, but bad for the rank and file. That's because in January 1964 the Pension Fund had to bring foreclosure proceedings against the Eastgate Coliseum for non payment.
Presser's union affairs and business affairs are so intertwined, it's hard to sort them out, even for Presser himself. In 1973 his accounting firm reported to the Labor Department "in view of Mr. Jackie Presser's many positions in labor unions and labor groups and the effect of these same labor unions an‹ labor groups on other labo unions and labor groups make it extremely difficult to asses all indirect relationships and de find the status of each and ever! interest."
Jackie Presser, millionair businessman, naturally has business philosophy.
Full-page ad
The Ohio Conference o Teamsters paid $5,000 to run : fuli page ad in the Clevelanc Plain Dealer last year to attact the TDU and the rank and file In it, Presser also told us, "Wi go along with the philosophy o private business, which is basic ally: if you have a demandin! executive job with majo responsibilities, you should. br appropriately rewarded." Anc
Scan page 7
rs gangster leaders?
Crisis in the Teamsters , See inside WE 1y 2 agreements through the grievance procedure is growing, and so is the number of grievances