"Wake-up call sounds for U.S. workers"

[Nomiprins at aol.com]

In a message dated 8/14/2002 3:23:24 PM Eastern Daylight Time, 
carlremick at hotmail.com writes:


> A very unusual article for CBS MarketWatch:  
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> http://cbs.marketwatch.com/news/story.asp?guid=%7B79128AF9%2D25AB%2D4E3D%2D8F4B%2D589624342713%7D&
> siteid=mktw
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> Carl
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It is an unusual spot. I didn't realize women are the more militant portion 
of the unionized workforce. Cool. Also, despite the fact that only 9% of the 
privatized workforce is unionized, unions represent 24% of the $7trln of 
public pension assets ($1.7tln). So, there's a multi-trillion dollar 
opportunity for union trustees to effect change in retirement fund policy, 
not to allow companies like ULLICO to invest in maverick upstarts like Global 
Crossing on the expectation of wild returns, but to be far more prudent, 
better-informed and vocal about investment decisions.  

Nomi

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