The Split in the AFL-CIO, Which Led to the Creation

question 168

True/False

The split in the AFL-CIO, which led to the creation of the Change to Win federation, occurred over concerns about the amount of money that the AFL-CIO was putting into union organizing at the expense of political lobbying.

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Definitions:

Private Placement Offering

The sale of stocks, bonds, or securities directly to private investors rather than through a public offering, typically involving fewer regulatory requirements.

Registration Statement

A set of documents filed with a regulatory body, like the SEC, by a company intending to issue public stock or securities, providing essential financial and business information.

Unaccredited Investor

An individual or entity that does not meet the criteria set by regulatory authorities to be considered an accredited investor, often limiting their investment opportunities.

Tipper

An individual who provides valuable, often confidential, information to someone, especially in financial contexts.