Please tell us what the properties are worth.
And then tell us how much each is mortgaged.
Because when PK took office, none of those properties had mortgages.
Is our own union hall mortgaged?
Do you even know?
But you keep talking about BOOK VALUE.
Let me know how that works out for you.
When Eddie M was ousted Local 952 had every property paid off, all vehicles paid off and $900,000 in CDs on top of the millions in net assets.
Today PK has mortgages and liens on everything. He owes every vehicle and some BAs are using their own personal cars because he can't afford to buy anymore.
Wait till you fall to 7500 members after Kraft shuts down in January.