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Issue No. 143 | 05 July 2002 |
Bad Bosses
Interview: Media Magnet Bad Boss: Abbott's Heroes Technology: All in the Family International: New Labour's Cracks Economics: Virtuality Check History: Necessary Utopias Poetry: Let Me Bring Love Review: How Not To Get It Together Satire: NZ, UK Added to Australia�s Migration Zone
Revealed: The Evidence Cole Won�t Touch WorkCover to Set Up Crimes Unit Electricians Oppose Family-Busting Conditions Blue-Collar Blokes Back Mat Leave Murdoch Telegraphs Contracts Push Abbot Changes Rules for �Employer Advocate� Funding Cuts Drives Academics Mad Star City Casino Strike On The Cards Chifley Planners Lose Benefits Qantas Staff Sick of Shivering Regional Councils Call Jobs Summit Kiwi Ex-Pats Targeted for Poll Push Shangri-La Workers Still Fighting
The Soapbox The Locker Room Bosswatch Week in Review
Buggering the Bush The Great Giveaway Down and Out Why I hate Telstra
Labor Council of NSW |
Letters to the Editor Down and Out
Dear Sir or Madam, Many workers who tied their interests to corporate America lost their money and their jobs. Tony Abott, Mark Latham please take note, facts speak louder than words.
Workers Online Issue 124 / 15 feb. 2002 " Both Employment Minister, Tony Abbott, and Labor Party front bencher, Mark Latham, are outspoken advocates of tying workers interests to those of their employers through stock holdings."
Below are some very relevant items from Sundays UK press, 30 June 2002. Yours sincerely, Mr I G Ferguson Down and out Enron: 99.9% share price fall (Jan 2001-Jun 2002) Filed for bankruptcy after 'adjusting' accounts
Adelphia Communications: 99.1% share price fall (Jan 2001-Jun2002) Filing for bankruptcy after off-balance-sheet loans to directors Peregrine Systems: 95.8% share price fall (Jan 2001-Jun 2002) SEC investigating accounting practices Qwest Communications: 95.6% share price fall (Jan 2001-Jun 2002) Chief executive officer resigned WorldCom: 93.8% share price fall (Jan 2001-Jun 2002) Chief financial officer fired after $3.8bn fraud 'Corporate America has been lying for years' The victims: Disillusioned small investors are giving up onequities and turning to cash. (30 June 2002)
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