The Nation - News from Aug. 18, 1985
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The Teamsters Central States Pension Fund, once called a “bank for the mob,” is being run properly under 1982 reforms, the General Accounting Office said. The investigative arm of Congress said a recent study found no indication that the fund’s court-appointed manager is not performing satisfactorily. A federal judge placed the Chicago-based fund under a trustee after a House subcommittee found that hundreds of millions of union dollars were lent to enterprises tied to organized crime.
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