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Etymologies
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Examples
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Afscme defends its stance against companies such as Lazard Ltd. that seek to minimize their tax burdens by arguing that such companies are likely to engage in other activities harmful to shareholders.
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The only legitimate reason for not selling is that Afscme believes that it can achieve extraordinary gains by forcing higher-tax strategies on companies in its portfolio.
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Afscme members across the country have offered up money-saving ideas to balance budgets.
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Afscme is willing to work with government officials at all levels to enact sensible pension reforms.
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Union contracts providing 15 paid holidays per year, rewards for longevity in lieu of productivity, and fringe benefits costing far more than private-sector employees are typical for Afscme.
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That was good for shareholders like the Afscme pension plan, which means it is also good for the union's workers.
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We're told that at least two other companies have received similar letters, although Afscme wouldn't confirm that number to us.
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The Afscme strategy harms companies and pensioners.
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Lisa Lindsley, director of capital strategies at Afscme, which boasts 1.6 million members, told us by telephone Monday, "We're trying to challenge the assumption that everyone makes that it's always better for shareholders to pay as little taxes as you can."
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Mr. McEntee, 76 years old, said in a letter to Afscme members Thursday that he wouldn't run for re-election.
Top Labor Figure Decides to Retire Kris Maher 2011
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