Washington, D.C. (December 3, 2002) – The following statement was released by National Right to Foundation Vice President Stefan Gleason regarding AFL-CIO President John Sweeney’s decision to resign from the board of directors of the Union Labor Life Insurance Company (ULLICO) after the board refused to release Governor Jim Thompson’s report on insider stock sales:

“While it’s encouraging to see John Sweeney now expressing outrage about the actions of the ULLICO board of directors, where was his outrage when the insider trading originally took place” As a member of the board, Sweeney ratified the insider stock plan that enabled top union officials to make significant personal profits at the expense of workers and union pension funds invested in ULLICO.

“The frenzy by ULLICO’s president and officers to block the release of Governor James R. Thompson Jr.’s internal investigation suggests that the criminal wrongdoing by top union presidents may have been even more pervasive than originally suspected. If these individuals are threatened by an internal report prepared by a governor who was widely known to be a union partisan, then we can only imagine how damning the full truth may be.

“The federal grand jury should hand down its indictments, and the National Labor Relations Board (NLRB) should get moving on its investigation of unfair labor practice charges filed by National Right to Work Foundation attorneys against ULLICO and its union directors.”

The National Right to Work Legal Defense Foundation is a nonprofit, charitable organization providing free legal aid to employees whose human or civil rights have been violated by compulsory unionism abuses. The Foundation, which can be contacted toll-free at 1-800-336-3600, assists thousands of employees in more than 250 cases nationwide per year.

Posted on Dec 3, 2002 in News Releases