Friday, March 5, 2010

A Union Contract

Who stole the money and from whom was it taken?
After Mr. Canaan was dead his widow and her lawyer opened his safety deposit boxes and inside discovered over two million dollars and a few Tai Chi videotapes.
The lawyer claimed Mr. Canaan was a gambler and had won the money at Atlantic City over a period of years and had stowed it away. He said one of the bundles was bound by a tape with the insignia from one of the casinos. Mrs. Canaan said she was unaware that her husband had been such a heavy gambler, but it must have been so because on finding the money she saw several casino binders. She mentioned the names of several.
Sherri Palatnik, a chronic junior executive, said she was not surprised. She had always thought something was amiss but she wouldn't elaborate. Later under oath in front of a grand jury, she denied having any knowledge whatsoever. In fact she denied having implied that rumors had reached her ears.
None of the partners of the law firm would give the goods on any other. Even those who had retired and were granted immunity refused to implicate any former coworkers. Each who came to testify fidgeted and appeared uncomfortable when the employee expense accounts were read out once again.
The Union had changed leaders a couple of times since Mr. Canaan's tenure. So none of the officers who came to speak could say much with any conviction.
The only thing that was a certainty, was that after the election in which Mr. Canaan lost his position, the law firm handling the Union's legal requirements was dropped in favor of another, not entirely different, firm. Many of the lawyers moved to the new firm. They were familiar with the Union members' needs.
In the end, the district attorney's assistant failed to make his case so it was a moot point as to how the money arrived in the safety deposit boxes. Mrs. Canaan was two million dollars richer, minus her attorney's fees of course.
And the old law firm which was paying a pension to the retired partner who had been a long-time friend of the deceased? They walked away quietly licking their wounds and hoped to rebuild their good name. They really did not need the bad publicity a trial would have brought on them.
These are rough times. Everyone says the stock market is due for a correction, in which case even privately held companies will suffer. Buying Union contracts could prove prohibitive under the new economy.

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