Word: teamsters
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...Teamster Boss Dave Beck is proud to point out that he once was a Seattle laundry driver. By last week. as Beck made his third appearance before the Senate committee investigating labor racketeering. so much of his dirty laundry had been washed in public that the Teamsters were ready to wring him out of office. Because there is no clear-cut constitutional procedure for impeaching him now, the reformers looked toward September when the International Teamsters open a convention and hold an election in Miami Beach, Fla. First to volunteer to take a crack at Beck...
...Fruehauf, wealthy truck-trailer manufacturer, who was offered a $1,500,0001oan from Teamster funds by Beck when a proxy battle threatened his company. Fruehauf showed appreciation by arranging a complicated $200,000 personal loan for Beck when the Teamster boss was being investigated by Internal Revenue agents. But Fruehauf drew the line at making a company loan because "I didn't think it was good business...
Within this interlocking framework, by Hedlund's painful testimony, Beck pulled his worst on a Teamster's widow. Ray Leheney was a union official and longtime friend of Beck. After Leheney's death, Beck first collected nearly $80,000 in assessments and contributions from union members to form the Ray Leheney Memorial Fund for the benefit of Mrs. Leheney. Then, as the trustee of the Teamster funds, he "loaned" the National Mortgage Co. $71,407, with which he and Hedlund bought contracts at a discount. After some $10,000 in payments had been made on the principal...
Fred Loomis, disillusioned Seattle investment counselor, whom Beck hired as an adviser for Teamster investment, explained that little by little he got the wind of Dave's shenanigans, advised him more than once that it was time to straighten out his affairs. At length he fired off a "Dear Dave" letter: "There has been talk of your receiving a kickback [from a building loan in Honolulu with Teamster funds], the plain implication being that this was in accordance with a pattern. I am sure that your fiduciary duty has never been sufficiently impressed upon your mind. Accept my resignation...
...networks decided last week that soap operas and quiz shows were more important than any live broadcast of Teamster Boss Dave Beck's second big appearance before Senate investigators. Not content with the decision, a dozen stations across the U.S. had the enterprise to form an impromptu network of their own so that one of the year's best running news stories could be heard and seen as it was happening...