Word: pension
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...petition seeking his parole was sent to the White House with some 250,000 names. Probably no one has worked for him harder than William Loeb, archconservative publisher of the coincidentally titled Manchester (N.H.) Union Leader, which once received a $2,000,000 loan from the Teamsters' pension fund. Only last month the Union Leader broke a murky story that Edward Partin, the Louisiana Teamster whose testimony helped convict Hoffa of jury tampering, had repudiated what he said in court. But there has been no confirmation of the story from either the Justice Department or Partin...
...weeks, top Teamsters had been nervously waiting. Would their tough little boss Jimmy Hoffa run for the presidency of the union again, even though he is still serving a 13-year sentence for jury tampering and pension-fund fraud in Lewisburg (Pa.) Penitentiary? Last week the word finally came down: he would not. Making the announcement in the Teamsters' ornate Washington headquarters, Hoffa's son James, a Teamster lawyer, said that his father was bowing out in favor of the union's acting president, Frank Fitzsimmons...
...personal bankruptcies on record. He listed assets of $26 million and liabilities totaling $55 million. The younger Copeland's chief business associate, Lebanese-born Thomas A. Shaheen Jr., has been indicted by a Chicago grand jury on charges of receiving kickbacks on loans from the barbers' union pension fund and others. Much of the money allegedly went to shore up a dizzying business empire assembled by Copeland and Shaheen. In a related matter, Motsey has been charged with conspiracy, though he testified that he was frequently not aware of what associates did with his funds...
Duryea would like to return to priestly work when and if he is "invited back" -a highly unlikely prospect. In the meantime, parishioners, aware that he is without pension or salary, are collecting a fund to support the Duryeas temporarily. The ex-pastor, somewhat astonished at it all, is basking in the open approval of his friends and a number of priestly colleagues. The reaction of his parents, who did not share the secret, pleases him especially. Said Robert F. Duryea Sr., when he learned that he had a daughter-in-law and grandson: "It was like a gift...
Brokers lost no time cutting their fees to win the business of rich investing institutions-mutual funds, pension funds, trusts, insurance companies. One minute after trading began under the new rules, a $3,958,875 block of Uni-royal stock changed hands at a commission lower than would have been charged the week before. How much lower is a secret, but commissions on other giant trades dropped anywhere from...