Yellow | $$The people that handled the money$$

Bart

Central States Participant Since 1976
Credits
503
Morgan Stanley

Feb 26, 2015 - Morgan Stanley has agreed to pay $2.6 billion to settle claims linked to the housing bubble that triggered the 2008 financial crisis. The U.S. Department of Justice claimed the investment bank was packaging bad loans into mortgage-backed securities, misrepresenting their quality.

In October 2008, the Court approved a $16 million settlement in the class action against Morgan Stanley. The complaint charged that Morgan Stanley ...

Jul 24, 2014 - Morgan Stanley MS 1.58% has reached an agreement to pay $275 million to settle the U.S. government's fraud allegations related to the bank's ...

Apr 24, 2015 - Morgan Stanley is currently in discussions with New York Attorney General ... Stanley, New York AG Discussing $500 Million RMBS Settlement.

J.P. Morgan agreed to pay $153.6 million in a settlement that enables harmed .... (11/16/12); Morgan Stanley - SEC charged three firm entities with misleading ...

Apr 13, 2015 - San Diego, CA: A $4.5 million settlement has been reached in a consumer banking deceptive practices class action lawsuit against a unit of ...

Sep 9, 2014 - (Reuters) — Morgan Stanley has agreed to pay $95 million to resolve a ... The settlement, disclosed in court papers filed Monday in New York ...

Jun 28, 2010 - BOSTON - (Mealey's) Financial giant Morgan Stanley & Co. Inc. has agreed to pay $102 million to settle claims that it illegally provided funding ...

Feb 5, 2014 - Fitch Ratings-Chicago-05 February 2014: The $1.25 billion mortgage settlement between Morgan Stanley and the Federal Housing Finance ...

IT"S UNBELEIVABLE HOW MANY OF THESE SETTLEMENTS THERE ARE!!!!!


Northern Trust
Feb 18, 2015 - Northern Trust Corp. will pay $36 million to settle a class-action lawsuit filed by 1500 retirement plans that accused the firm of causing large ...

Feb 23, 2015 - Northern Trust will pay a combined $60 million to settle two cases over its securities lending program.

APPEARS TO RUN A LEGIT COMPANY!!


J P Morgan Chase

Jul 8, 2015 - A sign outside the headquarters of JP Morgan Chase & Co in New York, ... The settlement also includes about $50 million in restitution, the ...

As part of JPMorgan Chase's $13 billion settlement with the U.S. Department of Justice and five states (Chase RMBS Settlement), independent Monitor Joseph ...

Aug 19, 2015 - J.P. Morgan Chase may pay more than $150 million to SEC; PCAOB says ... The settlement with the Securities and Exchange Commission, ...

Jul 8, 2015 - J.P. Morgan Chase will pay $136 million to settle probes by U.S. state and federal ... Settlement also includes $50 million in restitution.

Jul 8, 2015 - State Attorney General Adam Laxalt says Nevada will get $1.7 million under a nationwide settlement with JPMorgan Chase stemming from debt ...

Jan 7, 2014 - The criminal settlement is the latest black eye for JPMorgan Chase CEO Jamie Dimon, who spent much of last year overseeing large legal ...

May 13, 2015 - Los Angeles, CA: A $10.2 million settlement has been agreed between the plaintiffs in a robocall class action lawsuit and JPMorgan Chase ...

Jul 8, 2015 - Nevada will receive $1.7 million as its share of a national settlement with JPMorgan Chase over debt collection practices, Attorney General ...

Jul 20, 2015 - Court JPMorgan Chase & Co agreed to pay $388 million to resolve a lawsuit by investors who claimed that the U.S. bank provided misleading ...

May 28, 2015 - A federal judge has approved JPMorgan Chase's $500 million settlementwith four pension funds over the sale of faulty mortgage-backed ...

6 days ago - JPMorgan Chase (NYSE:JPM) will pay almost a third of a $1.86B settlementto resolve accusations that a dozen big banks conspired to limit ...

Jul 18, 2015 - (RTTNews.com) - JPMorgan Chase & Co. (JPM) agreed to pay $388 million to settle a suit by investors who claimed the bank misled them ...

Newscast Media WASHINGTON--JPMorgan Chase has agreed to pay a $200 million to settle charges brought by the SEC.

JUST AN UPSTANDING GROUP OF GOOD OLD BOYS!!!!

Goldman Sachs

Jun 4, 2015 - Goldman Sachs Group Inc. is in talks to pay $2 billion to $3 billion to settle a probe into its sales of mortgage bonds leading up to the financial ...

Aug 13, 2015 - Goldman Sachs will pay $272 million to settle a lawsuit claiming it defrauded ... The settlement with investors led by the NECA-IBEW Health ...

Jul 31, 2015 - Also on Friday, Goldman Sachs was among a group of banks that received court approval for a $235 million settlement related to mortgage ...

Jul 31, 2015 - Also on Friday, Goldman Sachs was among a group of banks that received court approval for a $235 million settlement related to mortgage ...

Jul 15, 2010 - “This settlement is a stark lesson to Wall Street firms that no product is too complex, and no investor too sophisticated, to avoid a heavy price if a ...

Jan 16, 2013 - Goldman Sachs and Morgan Stanley have agreed to a $557 million settlement over alleged loan servicing and foreclosure abuses, the Federal ...

Jun 17, 2015 - Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to ... The civil settlements follow $10 billion in bank fines after a ...

Armstrong Teasdale Negotiates $100 Million Settlement Against Goldman SachsPolicyholders of Defunct General American Life Insurance to Receive Payout.

Sep 14, 2015 - Goldman Sachs Group, Inc., JPMorgan Chase & Co., Citigroup, Inc., ... Plc, and other big banks have agreed to pay $1.87 billion in settlement ...

THESE ARE THE PEOPLE WHO HANDLED Central States Pension Fund INVESTMENTS!!!!

http://www.pbs.org/wgbh/pages/front...ail-the-top-10-civil-cases-against-the-banks/
 
That's the elephant in the room that no one wants to talk about isn't it? Why hasn't the teamsters sued Cspf over these enormous losses? Find it real hard to believe there wasn't malfeasance.
 
Morgan Stanley

Feb 26, 2015 - Morgan Stanley has agreed to pay $2.6 billion to settle claims linked to the housing bubble that triggered the 2008 financial crisis. The U.S. Department of Justice claimed the investment bank was packaging bad loans into mortgage-backed securities, misrepresenting their quality.

In October 2008, the Court approved a $16 million settlement in the class action against Morgan Stanley. The complaint charged that Morgan Stanley ...

Jul 24, 2014 - Morgan Stanley MS 1.58% has reached an agreement to pay $275 million to settle the U.S. government's fraud allegations related to the bank's ...

Apr 24, 2015 - Morgan Stanley is currently in discussions with New York Attorney General ... Stanley, New York AG Discussing $500 Million RMBS Settlement.

J.P. Morgan agreed to pay $153.6 million in a settlement that enables harmed .... (11/16/12); Morgan Stanley - SEC charged three firm entities with misleading ...

Apr 13, 2015 - San Diego, CA: A $4.5 million settlement has been reached in a consumer banking deceptive practices class action lawsuit against a unit of ...

Sep 9, 2014 - (Reuters) — Morgan Stanley has agreed to pay $95 million to resolve a ... The settlement, disclosed in court papers filed Monday in New York ...

Jun 28, 2010 - BOSTON - (Mealey's) Financial giant Morgan Stanley & Co. Inc. has agreed to pay $102 million to settle claims that it illegally provided funding ...

Feb 5, 2014 - Fitch Ratings-Chicago-05 February 2014: The $1.25 billion mortgage settlement between Morgan Stanley and the Federal Housing Finance ...

IT"S UNBELEIVABLE HOW MANY OF THESE SETTLEMENTS THERE ARE!!!!!


Northern Trust
Feb 18, 2015 - Northern Trust Corp. will pay $36 million to settle a class-action lawsuit filed by 1500 retirement plans that accused the firm of causing large ...

Feb 23, 2015 - Northern Trust will pay a combined $60 million to settle two cases over its securities lending program.

APPEARS TO RUN A LEGIT COMPANY!!


J P Morgan Chase

Jul 8, 2015 - A sign outside the headquarters of JP Morgan Chase & Co in New York, ... The settlement also includes about $50 million in restitution, the ...

As part of JPMorgan Chase's $13 billion settlement with the U.S. Department of Justice and five states (Chase RMBS Settlement), independent Monitor Joseph ...

Aug 19, 2015 - J.P. Morgan Chase may pay more than $150 million to SEC; PCAOB says ... The settlement with the Securities and Exchange Commission, ...

Jul 8, 2015 - J.P. Morgan Chase will pay $136 million to settle probes by U.S. state and federal ... Settlement also includes $50 million in restitution.

Jul 8, 2015 - State Attorney General Adam Laxalt says Nevada will get $1.7 million under a nationwide settlement with JPMorgan Chase stemming from debt ...

Jan 7, 2014 - The criminal settlement is the latest black eye for JPMorgan Chase CEO Jamie Dimon, who spent much of last year overseeing large legal ...

May 13, 2015 - Los Angeles, CA: A $10.2 million settlement has been agreed between the plaintiffs in a robocall class action lawsuit and JPMorgan Chase ...

Jul 8, 2015 - Nevada will receive $1.7 million as its share of a national settlement with JPMorgan Chase over debt collection practices, Attorney General ...

Jul 20, 2015 - Court JPMorgan Chase & Co agreed to pay $388 million to resolve a lawsuit by investors who claimed that the U.S. bank provided misleading ...

May 28, 2015 - A federal judge has approved JPMorgan Chase's $500 million settlementwith four pension funds over the sale of faulty mortgage-backed ...

6 days ago - JPMorgan Chase (NYSE:JPM) will pay almost a third of a $1.86B settlementto resolve accusations that a dozen big banks conspired to limit ...

Jul 18, 2015 - (RTTNews.com) - JPMorgan Chase & Co. (JPM) agreed to pay $388 million to settle a suit by investors who claimed the bank misled them ...

Newscast Media WASHINGTON--JPMorgan Chase has agreed to pay a $200 million to settle charges brought by the SEC.

JUST AN UPSTANDING GROUP OF GOOD OLD BOYS!!!!

Goldman Sachs

Jun 4, 2015 - Goldman Sachs Group Inc. is in talks to pay $2 billion to $3 billion to settle a probe into its sales of mortgage bonds leading up to the financial ...

Aug 13, 2015 - Goldman Sachs will pay $272 million to settle a lawsuit claiming it defrauded ... The settlement with investors led by the NECA-IBEW Health ...

Jul 31, 2015 - Also on Friday, Goldman Sachs was among a group of banks that received court approval for a $235 million settlement related to mortgage ...

Jul 31, 2015 - Also on Friday, Goldman Sachs was among a group of banks that received court approval for a $235 million settlement related to mortgage ...

Jul 15, 2010 - “This settlement is a stark lesson to Wall Street firms that no product is too complex, and no investor too sophisticated, to avoid a heavy price if a ...

Jan 16, 2013 - Goldman Sachs and Morgan Stanley have agreed to a $557 million settlement over alleged loan servicing and foreclosure abuses, the Federal ...

Jun 17, 2015 - Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to ... The civil settlements follow $10 billion in bank fines after a ...

Armstrong Teasdale Negotiates $100 Million Settlement Against Goldman SachsPolicyholders of Defunct General American Life Insurance to Receive Payout.

Sep 14, 2015 - Goldman Sachs Group, Inc., JPMorgan Chase & Co., Citigroup, Inc., ... Plc, and other big banks have agreed to pay $1.87 billion in settlement ...

THESE ARE THE PEOPLE WHO HANDLED Central States Pension Fund INVESTMENTS!!!!

http://www.pbs.org/wgbh/pages/front...ail-the-top-10-civil-cases-against-the-banks/
And who gave them control of CSPF ???? Our fair minded congress who are looking out for our best interests.
 
Normally if a corporation performs badly.Doesnt the head of the said failing corporation fire or cause that head of that corporation to depart? As I see it.The administrators of the CSPF should be asked to leave.A very bad failure in not being good stewards of others people's future and present time retirement money.If said administrator (Nyhan) isn't removed as well as his officers.Who says that the same thing wouldn't happen again? Even with retirees half payout.If the same happens again.Its all over.So let's also focus on removing Nyhan and his officers.
 
Also I'll add that if Nyhan ' s job is on the line.He most likely expose those that were really responsible for that unGodly amount of money lost.Mr.Nyhan you are not welcome in Dallas TX no more.Even though you had said on your last visit that you so liked the WARM people of our local.
 
Normally if a corporation performs badly.Doesnt the head of the said failing corporation fire or cause that head of that corporation to depart? As I see it.The administrators of the CSPF should be asked to leave.A very bad failure in not being good stewards of others people's future and present time retirement money.If said administrator (Nyhan) isn't removed as well as his officers.Who says that the same thing wouldn't happen again? Even with retirees half payout.If the same happens again.Its all over.So let's also focus on removing Nyhan and his officers.
Without a doubt he should be fired and the FBI should investigate Cspf and the Teamsters union. Where did they put this money, on the roulette wheel? And yes if they are not caught and are not removed they'll continue to do the same thing and will bankrupt the Cspf even after the cuts. I don't want these thieves managing any of my money and don't want Yrc to put any more in my name into the fund. I'm going to write my senators and representatives and ask them to launch a congressional hearing on the matter and hopefully get the FBI involved
 
All that has to be done to prove negligence is to show that members of the CSPF did not meet their fiduciary responsibility.

Sounds like an open and closed case!
Hate to say it. But it also sounds like what Zollars did to 3 trucking companies, and it took years to get rid of him, and he still came out of it with millions.
 
Morgan Stanley

WOW!! I will be copying this to include in my letters to my reps.

Feb 26, 2015 - Morgan Stanley has agreed to pay $2.6 billion to settle claims linked to the housing bubble that triggered the 2008 financial crisis. The U.S. Department of Justice claimed the investment bank was packaging bad loans into mortgage-backed securities, misrepresenting their quality.

In October 2008, the Court approved a $16 million settlement in the class action against Morgan Stanley. The complaint charged that Morgan Stanley ...

Jul 24, 2014 - Morgan Stanley MS 1.58% has reached an agreement to pay $275 million to settle the U.S. government's fraud allegations related to the bank's ...

Apr 24, 2015 - Morgan Stanley is currently in discussions with New York Attorney General ... Stanley, New York AG Discussing $500 Million RMBS Settlement.

J.P. Morgan agreed to pay $153.6 million in a settlement that enables harmed .... (11/16/12); Morgan Stanley - SEC charged three firm entities with misleading ...

Apr 13, 2015 - San Diego, CA: A $4.5 million settlement has been reached in a consumer banking deceptive practices class action lawsuit against a unit of ...

Sep 9, 2014 - (Reuters) — Morgan Stanley has agreed to pay $95 million to resolve a ... The settlement, disclosed in court papers filed Monday in New York ...

Jun 28, 2010 - BOSTON - (Mealey's) Financial giant Morgan Stanley & Co. Inc. has agreed to pay $102 million to settle claims that it illegally provided funding ...

Feb 5, 2014 - Fitch Ratings-Chicago-05 February 2014: The $1.25 billion mortgage settlement between Morgan Stanley and the Federal Housing Finance ...

IT"S UNBELEIVABLE HOW MANY OF THESE SETTLEMENTS THERE ARE!!!!!


Northern Trust
Feb 18, 2015 - Northern Trust Corp. will pay $36 million to settle a class-action lawsuit filed by 1500 retirement plans that accused the firm of causing large ...

Feb 23, 2015 - Northern Trust will pay a combined $60 million to settle two cases over its securities lending program.

APPEARS TO RUN A LEGIT COMPANY!!


J P Morgan Chase

Jul 8, 2015 - A sign outside the headquarters of JP Morgan Chase & Co in New York, ... The settlement also includes about $50 million in restitution, the ...

As part of JPMorgan Chase's $13 billion settlement with the U.S. Department of Justice and five states (Chase RMBS Settlement), independent Monitor Joseph ...

Aug 19, 2015 - J.P. Morgan Chase may pay more than $150 million to SEC; PCAOB says ... The settlement with the Securities and Exchange Commission, ...

Jul 8, 2015 - J.P. Morgan Chase will pay $136 million to settle probes by U.S. state and federal ... Settlement also includes $50 million in restitution.

Jul 8, 2015 - State Attorney General Adam Laxalt says Nevada will get $1.7 million under a nationwide settlement with JPMorgan Chase stemming from debt ...

Jan 7, 2014 - The criminal settlement is the latest black eye for JPMorgan Chase CEO Jamie Dimon, who spent much of last year overseeing large legal ...

May 13, 2015 - Los Angeles, CA: A $10.2 million settlement has been agreed between the plaintiffs in a robocall class action lawsuit and JPMorgan Chase ...

Jul 8, 2015 - Nevada will receive $1.7 million as its share of a national settlement with JPMorgan Chase over debt collection practices, Attorney General ...

Jul 20, 2015 - Court JPMorgan Chase & Co agreed to pay $388 million to resolve a lawsuit by investors who claimed that the U.S. bank provided misleading ...

May 28, 2015 - A federal judge has approved JPMorgan Chase's $500 million settlementwith four pension funds over the sale of faulty mortgage-backed ...

6 days ago - JPMorgan Chase (NYSE:JPM) will pay almost a third of a $1.86B settlementto resolve accusations that a dozen big banks conspired to limit ...

Jul 18, 2015 - (RTTNews.com) - JPMorgan Chase & Co. (JPM) agreed to pay $388 million to settle a suit by investors who claimed the bank misled them ...

Newscast Media WASHINGTON--JPMorgan Chase has agreed to pay a $200 million to settle charges brought by the SEC.

JUST AN UPSTANDING GROUP OF GOOD OLD BOYS!!!!

Goldman Sachs

Jun 4, 2015 - Goldman Sachs Group Inc. is in talks to pay $2 billion to $3 billion to settle a probe into its sales of mortgage bonds leading up to the financial ...

Aug 13, 2015 - Goldman Sachs will pay $272 million to settle a lawsuit claiming it defrauded ... The settlement with investors led by the NECA-IBEW Health ...

Jul 31, 2015 - Also on Friday, Goldman Sachs was among a group of banks that received court approval for a $235 million settlement related to mortgage ...

Jul 31, 2015 - Also on Friday, Goldman Sachs was among a group of banks that received court approval for a $235 million settlement related to mortgage ...

Jul 15, 2010 - “This settlement is a stark lesson to Wall Street firms that no product is too complex, and no investor too sophisticated, to avoid a heavy price if a ...

Jan 16, 2013 - Goldman Sachs and Morgan Stanley have agreed to a $557 million settlement over alleged loan servicing and foreclosure abuses, the Federal ...

Jun 17, 2015 - Barclays, BNP Paribas, Goldman Sachs and HSBC recently signed agreements to ... The civil settlements follow $10 billion in bank fines after a ...

Armstrong Teasdale Negotiates $100 Million Settlement Against Goldman SachsPolicyholders of Defunct General American Life Insurance to Receive Payout.

Sep 14, 2015 - Goldman Sachs Group, Inc., JPMorgan Chase & Co., Citigroup, Inc., ... Plc, and other big banks have agreed to pay $1.87 billion in settlement ...

THESE ARE THE PEOPLE WHO HANDLED Central States Pension Fund INVESTMENTS!!!!

http://www.pbs.org/wgbh/pages/front...ail-the-top-10-civil-cases-against-the-banks/
 
You know, these smug assholes think they have really pulled one over on us little folks who don't quite understand big business and finance. They are right about us not quite understanding ,we were too busy working and making a living and trusted our union to do what was best for us they in turn just screwed over us as much as did cspf . We should try to have the whole bunch investigated and not just thrown out but locked up and ALL of their pensions and salaries returned. This bunch of crooks in washington can bail out GM and numerous banks because " They are too big to let fail " is a crock of s--t, what about us ? I guess Retirees Lives Don't Matter. Buy all the ammo you can ,,we may need it !!!!!
 
TE="racecat, post: 975821, member: 3024"]You know, these smug assholes think they have really pulled one over on us little folks who don't quite understand big business and finance. They are right about us not quite understanding ,we were too busy working and making a living and trusted our union to do what was best for us they in turn just screwed over us as much as did cspf . We should try to have the whole bunch investigated and not just thrown out but locked up and ALL of their pensions and salaries returned. This bunch of crooks in washington can bail out GM and numerous banks because " They are too big to let fail " is a crock of s--t, what about us ? I guess Retirees Lives Don't Matter. Buy all the ammo you can ,,we may need it !!!!![/QUOTE]
Dont forget Washington bailed out Goldman Sachs.Who was an investment company that dealt with CSPF.Go figure
 
All that has to be done to prove negligence is to show that members of the CSPF did not meet their fiduciary responsibility.

Sounds like an open and closed case!
I totally agree. That's what I have been saying all along. Fiduciaries laws in cspf are to use funds prudently. When you have almost 70% in wallstreet from the cspf somethings quite fishy!
 
All that has to be done to prove negligence is to show that members of the CSPF did not meet their fiduciary responsibility.

Sounds like an open and closed case!

One minor problem, CSPF took our right to sue for breach of fiduciary duty away when they wrote MPRA

"Participants or beneficiaries aggrieved by a final decision suspending benefits may seek review of the decision in Court but may not bring an action for breach of fiduciary duty "
 
Without a doubt he should be fired and the FBI should investigate Cspf and the Teamsters union. Where did they put this money, on the roulette wheel? And yes if they are not caught and are not removed they'll continue to do the same thing and will bankrupt the Cspf even after the cuts. I don't want these thieves managing any of my money and don't want Yrc to put any more in my name into the fund. I'm going to write my senators and representatives and ask them to launch a congressional hearing on the matter and hopefully get the FBI involved
I might add.Maybe YRCW is hoping the fund goes broke before 2019.Because in early 2019 there isa 100million dollar pension payment due.Heck I wouldn't put it past YRCW to have paid lobbyist to work on those Congressman that were in office last winter
 
I might add.Maybe YRCW is hoping the fund goes broke before 2019.Because in early 2019 there isa 100million dollar pension payment due.Heck I wouldn't put it past YRCW to have paid lobbyist to work on those Congressman that were in office last winter
The concessions are going somewhere!
 
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