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City Hall: Ex-MF Global Chief’s Role in Pension Reform Plan Questioned

Written by Chris Bragg on . Posted in Posts

As more details filter out about the collapse of MF Global – the major derivatives trading firm that crashed under a $1 billion cash shortfall last month— a New York City union leader is questioning why two of the company’s top officials are leading efforts to revamp the city’s $120 billion pension fund system. — [&hellip
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City Hall: When the Living Wage Was a Middle Ground

Written by Chris Bragg on . Posted in Posts

In June 2008, the president of the Retail, Wholesale and Department Store Union, Stuart Appelbaum, stood on the steps of City Hall to praise the city’s Economic Development Corporation.— Along with several other powerful union bosses, Appelbaum touted the EDC plan to jumpstart a long-stalled, $3 billion project at Willets Point in Queens, because he [&hellip
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