Union And Corporate Leadership Collude To Their Own Benefit, To The Surprise of No One.
This is my shocked face…
Fiat Chrysler executives, armed with $12.5 billion in taxpayer funds, started funneling bribes and illegal payments to UAW officials within days of the automaker emerging from bankruptcy in June 2009, The Detroit News has learned, partially squandering a second chance financed by American taxpayers. Prosecutors allege the money was part of a broad attempt by Fiat Chrysler executives to secure labor concessions from the UAW by keeping labor leaders “fat, dumb and happy.”
The government’s four-year investigation has revealed how labor leaders misused the bailout’s historic second chance by embezzling money from worker paychecks, shaking down union contractors and scheming with auto executives. The conspiracy stretched from the California desert and a union town on the banks of the Missouri River to the woods of Northern Michigan and the Jersey Shore.
“When the UAW goes on strike and the workers are making — I think it was $275 per week … And what does the leadership get? Bottles of booze worth $1,300. Lavish steak dinners,” U.S. Attorney Matthew Schneider, the Justice Department’s top prosecutor in Detroit, told The News.
In all, UAW officials and auto executives are accused of misappropriating nearly $34 million since the bailout 10 years ago, according to an analysis by The News. That money includes embezzled member dues and funds siphoned from facilities that train roughly 150,000 of the union’s nearly 400,000 members.
Power corrupts, even the noble Union leadership is susceptible to such things.
Photo by brianDhawkins