Hoffa Can't Kick the Corruption Habit

Hoffa’s Concessions Tycoon

Over 25,000 freight Teamsters at YRC suffered wage and pension cuts since 2009, but their loss delivered big gains for one Hoffa appointee. Harry Wilson, a hedge fund tycoon appointed by Hoffa to the YRCW board, was paid a $5 million bonus when employees approved the concessions and a bank deal was consummated. YRCW paid Wilson $125,000 a month retainer and a $1.5 million bonus for his work on the company’s restructuring and concessions package—plus a $175,000 a year salary as Hoffa’s appointee to YRCW’s board. The $5...

Share

Get Advice Join TDU Donate

Recent News

Celebrate Juneteenth

Juneteenth commemorates the anniversary of the Union Army's proclamation of freedom for slaves in Texas, making a reality of the Emancipation Proclamation signed two and half years earlier. New legislation now makes Juneteenth a federal holiday. The struggle to win freedom from discrimination and economic exploitation is every day. United, we'll get there!

Teamster Convention Starts in One Week—Here’s the Agenda

The Teamster Convention will be held June 22, 23, 24, online. If you want to observe the IBT Convention, and see the work of the 1,600 elected delegates, here’s what you need to know. 

View More News Posts