Most Popular
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New Times files a prelude to a lawsuit against Sheriff Joe Arpaio, County Attorney Andy Thomas and a discredited ex-special prosecutor on behalf of its readers and the Constitution
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One mom's struggle to keep her son alive in the state's care highlights the challenges of supporting the developmentally disabled
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Arizona Medical Board's hands-off approach to relapsed addict physicians is endangering patients
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Border Patrol checkpoints near Yuma nab hordes of pot users headed back from the beach
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Abbey Natzel's dad faces at least 17 years in prison for fatally locking the 2-year-old in a toy box
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After just one year, ASU junked its scholarship program for illegal immigrants. Sarah Fenske wonders who will step up for them now (30)
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Guess which driver's facing 21 years in prison the drunk , rich, white one or the sober, poor, black one? (189)
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New Times files a prelude to a lawsuit against Sheriff Joe Arpaio, County Attorney Andy Thomas and a discredited ex-special prosecutor on behalf of its readers and the Constitution (20)
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Andrew Thomas, Maricopa County's top prosecutor, burnishes his . . . Wikipedia page? (15)
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One mom's struggle to keep her son alive in the state's care highlights the challenges of supporting the developmentally disabled (15)
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New Times files a prelude to a lawsuit against Sheriff Joe Arpaio, County Attorney Andy Thomas and a discredited ex-special prosecutor on behalf of its readers and the Constitution
-
One mom's struggle to keep her son alive in the state's care highlights the challenges of supporting the developmentally disabled
-
Arizona Medical Board's hands-off approach to relapsed addict physicians is endangering patients
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Border Patrol checkpoints near Yuma nab hordes of pot users headed back from the beach
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Abbey Natzel's dad faces at least 17 years in prison for fatally locking the 2-year-old in a toy box
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Channel 12 uncovers more of David Hendershott's dirt in the Honduran scam (W/UPDATES).
12:33PM 03/14/08 -
The bill for Sheriff Joe Arpaio's Honduran scam: $157K and rising.
11:15AM 03/13/08 -
Shy Guy: Dax Riggs at Cedar Door
05:14AM 03/16/08 -
Overheard at SxSW
05:23PM 03/15/08 -
Local Heroes award winners announced
11:40AM 03/13/08 -
Recession chic
09:54AM 03/13/08
What we are writing about
- A Century of Retablos
- Andrew Thomas
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- Maricopa County...
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- seller disclosures
- Sheriff Joe Arpaio
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Recent Articles By Terry Greene Sterling
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Accountants Down
State files more charges against Arthur Andersen in BFA scandal
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Half-Baked Bean Counters
Arthur Andersen accountable in BFA collapse, state says
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In Harm's Way
Cerebral palsy left Jimmy Rodriguez unable to speak or control his limbs. The state allegedly left him with a series of molesters.
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Spike Girls
College public relations head nixes student's story on Baptist Foundation
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Legerdemain Man?
Accountant who audited Keating firm also gave BFA a clean slate, lawsuit claims
National Features
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Broward-Palm Beach New Times
The Muscle Men
Thanks to a string of Florida "anti-aging clinics," baseball's steroid scandal isn't limited to superstars.
By Michael J. Mooney -
Miami New Times
Picked On
Farm workers earn nada in America's green-bean capital.
By Janine Zeitlin -
Village Voice
"Why I'm No Longer a Brain-Dead Liberal"
An election-season essay from one of America's greatest playwrights.
By David Mamet
The Earthmover and Fife
Continued from page 2
Published: April 6, 2000He does not agree that McMorgan failed on its commitment to the pension funds to check out the Symington financial statement before okaying the Mercado loan.
Bill Dereschuk is not the most popular guy at Operating Engineers Local 428 these days. Beyond his trial vigil, Dereschuk has repeatedly badgered union trustees for bank records that detail some unexplained expenditures.
The trustees arrogantly refused Dereschuk's request, saying that copying the records was too expensive and time-consuming and was not required by laws governing union pension funds.
So Dereschuk sicced the Department of Labor on Local 428. The department is currently investigating the bank records.
Michael Keenan, an attorney for the trustees, tells me Dereschuk's never-ending suspicions about possible wrongdoing are groundless. He says Local 428 is cooperating with the Department of Labor.
(Dereschuk is uncomfortable about the fact that I am writing about him, and not his other union buddies who are equally distrustful and suspicious of the management at Operating Engineers Local 428. He repeatedly says his friends Tommy Garner and Dale Helm have worked just as hard as he has, and explains that his name appears on correspondence to the union because the Dereschuk family owns a computer and his grandson can type.)
Dereschuk is the first to admit that pension-fund management will be vindicated if Manning succeeds in blocking Symington's debt.
Nevertheless, he is determined to bust the pension fund. He says he has a good chance because, among other things, the fund stopped taking new members in 1984. That means quite a few of the people who contributed to the pension might be close to retiring.
Why wouldn't they want to manage their own retirement money?
Why should they entrust their hard-earned dollars to trustees who turn around and spend it on lousy real estate loans and expensive lawyers and money managers to clean up the mess?
If the Local 428 dissidents ever succeed in getting their money, you can bet on one thing.
Bill Dereschuk won't go to cooking school.
Contact Terry Greene Sterling at 602-229-8437, or online at terry.greene@newtimes.com







