11/20/2009
Overheard on Oct. 22, the day the Obama administration set strict limits on executive compensation at seven financial services firms and car manufacturers that have yet to repay federal TARP bailout funds:
11/20/2009
The Konocti Harbor Resort and Spa, a Kelseyville resort owned by Plumbers and Pipefitters Local 38, will close. The announcement came two years after Local 38 agreed to sell the resort under a DOL consent decree filed in the U.S. District Court for the Northern District of California to settle charges that the union diverted $36 million from pension plans to operate and renovate Konocti.