AMALGAMATED BANK
JOIN US AS WE LOOK AT THE UBC MEMBERS MONEY PUT INTO THE UNION OWNED AMALGAMATED BANK. LETS SEE HOW MUCH IS THERE,HOW IT GOT THERE AND WHERE IT IS GOING
IS AMALGAMATED YET
ANOTHER OF THE UBC BS SCAMS MEMBERS ARE FORCED TO FINANCE SUCH AS
ULLICO. HOW CAN IT NOT BE A BREACH OF FIDUCIARY DUTY TO PUT SO MUCH UBC MONEY INTO AMALGAMATED WHEN
In 2011, it was drowning in the red ink of a deep economic slump, and faced punishment from the Federal Deposit Insurance Corporation as its cash flow evaporated.
"Amalgamated was so under-capitalized in 2011, how did that happen? Because of investment losses,"
According to an enforcement action
filed by the FDIC that year, Amalgamated was under scrutiny for
allegedly allowing delinquent loans to sit uncollected on its books,
even though some were unlikely ever to be repaid. In some cases, the
bank reportedly issued new loans to pay off dud loans and thus avoided or delayed listing the unpaid loans as losses.
WHAT HAPPENED TO UBC FUNDS AS A RESULT OF THIS 2011-2012 ENFORCEMENT ACTION AND THE AMALGAMATED CONSENT ORDER
WHY DID THE LONGVIEW MID CAP FUND GET TERMINATED..
LongView MidCap 400 Index Fund
The Fund was established by Amalgamated Bank This investment was terminated during the 2012 Plan year.
LETS FIND OUT AS WE !!!!FOLLOW THE MONEY!!!!
OTHERS ARE HAVING A LOOK AND OPENING THE DOOR GIVING US A CHANCE TO SEE INSIDE
THE UBC LEFT THE AFL-CIO TO AVOID ARTICLE 19 THAT PREVENTED THE RAIDING OF OTHER TRADES.THIS COMPLICATED DIRTY DOUGS DREAM OF STEALING THE FOOD OFF THE TABLE OF WORKING MEN AND WOMENS FAMILY'S SO HE CAN HAVE BS WALL TO WALL AGREEMENTS. THESE AGREEMENTS THAT STEAL THE WORK OF OTHER TRADES DO NOT SERVE THE MEMBERSHIP.WE HAVE SEEN HOW MUCH THE ICE CREAM CRAPPER CARES ABOUT UBC MEMBERS .STALKING MEMBERS AND THEIR WIVES. TANKING PENSION FUNDS.STEALING RETIREES PENSIONS AND TAKING AWAY THEIR ABILITY TO HAVE HEALTH CARE BENEFITS.THIS MOVE ONLY SERVES TO FEED THE MEGALOMANIACS DESIRE TO BE KING OF ALL LABOR TO LINE "HIS" POCKETS. NOT THE MEMBERS.
AFTER THE AFL-CIO EXODUS DIRTY DOUG TEAMED UP WITH SEIU,TEAMSTERS,LABORERS AND UNITE HERE TO FORM THE SO CALLED 'CHANGE TO WIN" COALITION. UNITED IT APPEARS BY THE COMMON GOALS OF GREED AND THE DESIRE FOR POWER.
NOT LONG AFTER THEY STARTED IT WAS OVER.THEY HAD A RATHER LARGE GIRL FIGHT WHICH INCLUDED PURSE ATTACKS,EYE SCRATCHING AND VERBAL ATTACKS ON MATCHING SKIRTS.DOUGY WAS ONCE AGAIN CHARGED WITH RAIDING WORKERS. BUT WAS THAT IT??
OR WAS IT OVER WHO WOULD OWN AMALGAMATED BANK
IS THE MONEY IN UBC MEMBERS BENEFIT FUNDS BEING FUNNELED, REGARDLESS OF LOSS OR GAIN, TO AMALGAMATED TO FURTHER YET ANOTHER UBC DELUSIONAL SCAM.
A GROUP OF INTERNATIONAL UNION RATS CALLED THE NCCMP WROTE AND GOT INTO LAW BY DEFRAUD LEGISLATION CALLED "SOLUTIONS NOT BAILOUTS" IT IS FALSELY CALLED THE "MILLER KLINE ACT" NAMED AFTER THE TWO POLITICAL RATS WHO IN MY OPINION THEY BOUGHT TO GET IT ON THE BOOKS .IT IS BEING USED AND WILL BE USED BY THESE SAME INTERNATIONAL UNION RATS TO STEAL FROM THE PENSION CHECKS OF RETIREES TO COVER FUND LOSS DUE TO THEIR LOOTING.LOSS FROM SCAMS SUCH AS ULLICO AND AMALGAMATED.
LETS FOLLOW THE MONEY