FairPoint Strikers Escalate Campaign with NYC Action Against Hedge Fund Angelo, Gordon

[Omaha Steve]

http://nhlabornews.com/2014/11/fairpoint-strikers-escalate-campaign-with-nyc-action-against-hedge-fund-angelo-gordon/

- Union activists descend on investor conference in New York attended by officials of Angelo, Gordon — FairPoint’s biggest shareholder

– Protest highlights hypocrisy of the Wall Street hedge fund, which manages billions in public pension funds even as FairPoint tries to gut worker pensions

NEW YORK — The FairPoint strike in northern New England spilled over onto the streets of New York City today. Dozens of union activists descended on a conference attended by officials of Angelo, Gordon, the Wall Street hedge fund that owns the biggest stake in FairPoint, the troubled telecom company.

“The hypocrisy of Angelo, Gordon is appalling,” said Chris Shelton, Vice President of the Communications Workers of America (CWA) for District 1, which includes New England and New York. “They want to make huge profits by investing public employees’ pensions, and then they stand by while FairPoint tries to gut workers’ pensions and end retiree health care. This is a betrayal of their investors and the public and we will expose it at every opportunity.”

FULL story at link.

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The New Hampshire Labor News is a group of NH Workers who believe that we need to protect ourselves against the attacks on workers. We are proud union members who are working to preserve the middle class. The NHLN talks mostly about news and politics from NH. We also talk about national issues that effect working men and women here in the Granite State.

[Old Nick]

1. K&R