What is the ULLICO scandal all about?
A McCarron sits on the ULLICO board, seemingly to oversee invested carpenters union funds. As far back as 2000 he was among a dozen union leaders used their position to time the sale of their personally held ULLCIO stock. McCarron, who sold 3000 shares, insists his stock trades were proper. See Labor’s Enron: Union Officials Profitted from Shady Stock Deal.
