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Special (Teamster Power) / Part II #487600

NBC Evening News for Tuesday, Mar 23, 1976
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(Studio) Part 2 report on Teamster power. Report on Teamster Union money.
REPORTER: John Chancellor

(Akron, Ohio) Paul Decker, 64, retired from truck driving 4 years ago. He expected $350 month Teamster pension, but they wouldn't give it to him. He fought union in court and won. [DECKER - tells people to fight for their pension but they won't. Checked car each a.m. for something threatening his personal safety. ] Allan Glick, 33, received $145 million in Teamster Union pension fund loans. Trustee says Glick got money because he's a "nice kid."
REPORTER: Brian Ross

(No locations given) Moe Dalitz's relations with Teamster pension fund under study. Dalitz named in Senate Estes Kefauver's crime committee hearings in `Sos as major Ohio organized crime figure. Teamsters loaned Dalitz $62 million to build South California resort. Teamsters wouldn't answer NBC questions re: Central States' pension fund. Audit of fund lists 360 Teamster loans for 3/4 billion dollars. Investment analysts say Teamsters put high per cent of funds into high-risk business Millions of dollars of loans not repaid. Some suspect Teamster loans set up business to serve as fronts for organized crime.
REPORTER: Brian Ross

(Deming, NM) Teamsters lost $6 million here to company that made toy soldiers and plastic pails. Org. crime linked with company
REPORTER: Brian Ross

(Chicago, Illinois) Federal prosecutors brought criminal charges against 7; 3 from pension fund. Charges noted. 2 weeks before trial, key government witness killed. Govt. drops charges against 1; 6 others acquitted. [US attorney Peter VIARA - cites difficulty of presenting case against Teamsters.] [Ex-Teamster consultant Allen DORFMAN - speaks about Teamsters' pension.] Dorfman's background noted. [DORFMAN - says Teamster funds not loaned to organized crime.] Washington, DC investigators have been visiting Teamster pension headquarters
REPORTER: Brian Ross

(Akron, Ohio) Reporter asks in whose interests is pension fund run.
REPORTER: Brian Ross

(Studio) Reporter summarizes 3rd report
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Ross, Brian
Duration:
00:06:40

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