Entries in Philadelphia Inquirer (1)

House may help employees of companies taken private

FROM THE PHILADELPHIA INQUIRER

Unless private-equity firms change their practices on their own, "we think it is necessary that Congress should legislate," said Andrew Stern, president of the Service Employees International Union.

"There's more than enough wealth in the buyout business for private-equity firms to continue to prosper" while expanding "opportunities to communities, workers and our country," said Stern, who was union shop steward for social workers in Philadelphia in the mid-1970s. The SEIU is the largest U.S. union.

Read the full story at Philly.com »

Posted on Friday, May 18, 2007 at 10:34AM by Registered CommenterAnthony S Jennings in | Comments Off | EmailEmail | PrintPrint