At least on the investment side, where, the story notes, “Labor groups have joined forces with investment firms to steer members into savings plans that often have high expenses and poor returns.” It’s funny to see a teacher “thought she could trust the woman because her company had been endorsed by the Los Angeles teachers union.” Au contraire. The story later reveals “In what might seem an unlikely partnership, the unions endorse investment providers, even specific products, and the companies reciprocate with financial support. They sponsor union conferences, advertise in union publications or make direct payments to union treasuries.”
LA Times
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