Quote:
Originally Posted by Dozer523
Why don't the Unions invest directly in the Companies where they work so they have an ownership stake and an ownership right in the running of the company?
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I've thought about this as well, and I'm just spit balling here, but wouldn't it be a conflict of interest if they did?
Say for example, the Teamsters (because when you think of Unions, they're usually the first ones to come to mind) .... Anyway, as an example, there are 100 Teamsters working for company A, and 50 Teamsters working for company B. Both companies are in competition with each other producing Brand X.
If the Union took that Union monies and invested it in Both companies, there would be more going into company A because of higher number of Teamsters employed with that company.
That would I'm sure piss of the lower numbered Teamsters employed with company B. Wouldn't it ???
I would think that the Union would want to keep things on an even playing field with their members. Plus, that just means more money would go into THEIR coffers instead of risking it on a company that might fold.
Again, just spit balling here.