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Machinists Call for Terminations at AIG The IAM today called for the immediate termination of every executive at American International Group, Inc. (AIG) who accepts a bonus payment. “Gross incompetence is but one of the grounds to void those contracts,” said IAM President Tom Buffenbarger. “These executives destroyed their company. They triggered a global economic meltdown. They misappropriated taxpayer monies. Their
Read moreHow a Bankruptcy Reveals Benefits of Membership It was hardly a surprise when Chicago-based Smurfit-Stone Container Corp. filed for Chapter 11 protection on January 26, 2009. Falling product demand, rising raw material prices and excessive debt combined with an industry-wide slowdown to trigger the bankruptcy filing. Smurfit-Stone is North America’s second largest maker of containerboard
Read moreEmployee Free Choice Act Introduced in Congress The Employee Free Choice Act took a big step toward becoming the law of the land today as Representative George Miller (D-CA) and Senator Tom Harkin (D-IA) introduced the legislation in the House and Senate. “American workers need help now and the Employee Free Choice Act is an
Read moreNational C-17 Organizing Campaign Shows Results The IAM campaign to organize more than 300 employees working on Boeing’s C-17 Globemaster III program is beginning to pay dividends with organizing wins in Oklahoma, South Carolina, Mississippi, Delaware, New Jersey, California and Washington state. Following a series of recent elections, more than 230 Pilot Instructors, Loadmaster Instructors
Read moreIAM Leaders Discuss Priorities with U.S. Transportation Secretary Transportation GVP Robert Roach, Jr., and leaders of other transportation unions met this week with new U.S. Transportation Secretary Ray LaHood and Rep. James Oberstar (D-MN), Chairman of the House Transportation and Infrastructure Committee, to discuss the priorities of the nation’s transportation workers. The discussion took place at
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