Archive: Jul 2023

• Amalgamated Bank Nearing a Financial Crisis?

  Posted on Jul 21, 2023 by LaborPains.org Team

  Is America’s “socially responsible bank” also one of the country’s most fiscally irresponsible banks?  Just over ten years ago Amalgamated Bank was in dire financial condition and barely managed to escape closure after being warned by both the Federal Deposit Insurance Corporation (FDIC) and New York State Banking Department that it was dangerously undercapitalized.  Could […]

• Ed Mooney: CWA President Material?

  Posted on Jul 05, 2023 by LaborPains.org Team

  A recent report from the Emergency Mutual Respect Committee, composed of nine Communications Workers of America (CWA) officers, contained serious allegations about Ed Mooney, a candidate to replace Chris Shelton as CWA president. Based on the testimony of several witnesses, the committee accused Ed Mooney of creating a culture of intimidation, verbally abusing staff and […]