Exclusive-UAW Investment Blunder Cost the Union an Estimated $80 ...
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8 Articles
Tony Katz and the Morning News 3rd Hr 6/24/25: United Auto Workers union may have lost $80 million over investment blunder, SBA Administrator Kelly Loeffler joins to promote the Big Beautiful Bill, Oil dropping despite attack on Iran, Is there cheating du
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Reuters: Bungled UAW investments cost members $80 million in lost revenues - The Midwesterner
Inept leadership at the United Auto Workers union cost its members $80 million in lost investment revenues, according to union insiders. Seven UAW officials, employees, and union documents reviewed by Reuters show UAW leaders liquidated $340 million in investment funds in 2023 to pay striking workers, but failed to reinvest those funds in accordance with […]
Oversight After '23 Strikes Cost UAW $80 Million
The UAW liquidated $340 million in stock investments to fund expansive strikes in 2023. Union policies specify that 30% of funds must be invested in stocks and 53% in fixed income. The union’s president and vice presidents are responsible for the union’s investments. Widespread strikes initiated by the United Auto Workers (UAW) in 2023 didn’t just cost the union a significant amount of money – a spectacular oversight following the strikes has co…
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