In an interview with Mergers & Acquisitions in 2007, Lerner said private equity firms should, in a sense, honor SEIU’s picket lines if –wink, wink— they know what’s good for them.
He held up the “Responsible Contractor Program” of the California Public Employees’ Retirement System (CalPERS) as a politically correct model to be emulated in the financial world. Equity firms “can adopt a policy to hire only companies that respect the rights of their employees” as judged by Lerner and SEIU.
“It might seem like a small number of people who are being helped, but if all firms do this it can affect hundreds of thousands of workers,” he said. “I believe the poorest workers can do better and we can afford it.”
This is the same warmed-over “corporate social responsibility” mush that Ralph Nader has been peddling for decades, but this time it’s backed by Big Labor’s brass knuckles.
This guy is of the ilk that evolves into the "power comes from the barrel of a gun" type; one who glorifies destruction, will spit that into your face, and dare you to object.
The election may change some things, but I have no idea what is to be done with people like him.
