How the Teamsters pension disappeared more quickly under Wall Street than the mob

April 6, 2016@9:47 AM TFP Editor 0

Getty Images Kenneth Feinberg at a 2014 hearing. He has until May to rule on a request to cut pensions. This is the first of a two-part series on the Central States pension fund. The second part looks more closely into why its investment performance suffered. Real estate investments in Las Vegas casinos and hotels once threatened the integrity of a Teamsters pension fund that the federal government wrested away from corrupt trustees and organized crime after five years of legal battles. A quarter-century later, [Read More]