Magazine

Table: Damage Ahead


Several dozen union leaders who sit on the board of ULLICO Inc., a labor-owned insurer, are under fire for taking millions of dollars in stock gains from the company. Here's how the controversy could affect labor:

ELECTIONS

Conservative groups may use it against unions in the fall congressional races. Labor leaders also could be distracted trying to deal with the fallout.

POLITICS

Already, the AFL-CIO has pulled back from a reform campaign directed against Enron directors for fear of being attacked for similar behavior.

RECRUITMENT

Employers will be able to cite labor leaders' actions in organizing drives, when management frequently accuses unions of self-interest.

Data: Business Week


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