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HeerJeet's profile
Jeet Heer
Jeet Heer
Jeet Heer
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@HeerJeet

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Jeet HeerVerified account

@HeerJeet

1. Writer, The Nation https://www.thenation.com/authors/jeet-heer/ … 2. email: jeetheer1967 at gmail dot com 3. Twitter essayist 4. Drawn by Joe Ollmann

thenation.com
Joined June 2012

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    2. Jeet Heer‏Verified account @HeerJeet 9 Jul 2021
      Replying to @davidsirota

      The Teamster fund gave better returns under the Mafia than under Wall Street!

      1 reply 0 retweets 28 likes
    3. Lindsay Beyerstein‏ @beyerstein 9 Jul 2021
      Replying to @HeerJeet @davidsirota

      Did it? IIRC there were a *lot* of outright losses and thefts that had to be factored in.

      2 replies 0 retweets 0 likes
      Jeet Heer‏Verified account @HeerJeet 9 Jul 2021
      Replying to @beyerstein @davidsirota

      of course the mob stole, but the real collapse of the fund took place under Wall Street:https://www.marketwatch.com/story/how-the-teamsters-pension-disappeared-more-quickly-under-wall-street-than-the-mob-2016-04-04 …

      8:26 AM - 9 Jul 2021
      • 8 Retweets
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      • Thatdogwonthuntjoe Aristophon cholula bankhead Maybeland🌹🏳️‍🌈🦅 FrançoiseHardly 🇵🇸 gjuerne 🇺🇦💛💙🇺🇦 klhoughton Rick Gigger 🏳️‍⚧️Blue Lives Scatter
      3 replies 8 retweets 9 likes
        1. Amy Lloyd-Placks‏ @rugositas 9 Jul 2021
          Replying to @HeerJeet @beyerstein @davidsirota

          the mob is in the business of making money, not just stealing it

          0 replies 0 retweets 1 like
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        2. Lindsay Beyerstein‏ @beyerstein 9 Jul 2021
          Replying to @HeerJeet @davidsirota

          Jimmy Hoffa wasn't murdered because he was about to disclose that the Central States Pension Fund was a well-run operation doing right by its pensioners.

          1 reply 0 retweets 4 likes
        3. Lindsay Beyerstein‏ @beyerstein 9 Jul 2021
          Replying to @beyerstein @HeerJeet @davidsirota

          Under Mafia control CSPF put about 90% of its investments in sketchy real estate deals and simply let a third of them default.

          0 replies 0 retweets 2 likes
        4. End of conversation
        1. Mohamed Abdinur‏ @mabdinur85 9 Jul 2021
          Replying to @HeerJeet @beyerstein @davidsirota

          I mean it all comes down to the size of the straw used to siphon money out. Mobsters probably had to consider tax laws and not appearing too ostentatious to trigger investigations ... so more of margins theft; steal funds for a car for example?

          0 replies 0 retweets 0 likes
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