zzdcar
Home
/
Reviews
/
Culture
/
The Feds Finally Have A Monitor For The UAW
The Feds Finally Have A Monitor For The UAW-November 2024
2024-02-19 EST 22:12:22

Image for article titled The Feds Finally Have A Monitor For The UAW

Federal prosecutors said Monday that they have chosen a former federal oversight official to monitor the UAW. This comes after prosecutors following a that went on for years. The UAW managed to avoid a federal takeover, but not a federal monitor.

That monitor was identified as Neil Barofsky in court papers requesting a judge to appoint him to the post. From 2008 to 2011, Barofsky was the inspector general for the Troubled Asset Relief Program, or TARP, the $700 billion bailout of banks, AIG, GM and Chrysler enacted in the wake of the Great Recession.

Barofsky’s other experience, as described by prosecutors:

Mr. Barofsky is currently a partner at the law firm Jenner & Block. There, he leads the firm’s monitorship practice, and has served as a monitor in other matters, including his appointment to monitor Credit Suisse Securities LLC and Credit Suisse AG following billion dollar settlements.

In these matters, Mr. Barofsky was separately appointed by the Department of Justice and the New York State Department of Financial Services. The government has spoken with representatives from all sides of these monitorships, all of whom endorsed Mr. Barofsky’s tough but fair approach.

Prior to Mr. Barofsky’s employment with Jenner & Block, he worked as an Assistant United States Attorney in the United States Attorney’s Office in the Southern District of New York. He was also appointed to be the initial Special Inspector General for the Troubled Asset Relief Program (or TARP), an investigative agency that he built from scratch.

Prosecutors said that four other partners at Jenner & Block would also be on Barofsky’s team, and that under the terms of the agreement the UAW would be paying for the monitor’s services. Barofsky and his team will oversee “union election[s], compliance and investigations” at the UAW, as one of the issues prosecutors identified is that UAW leadership is currently not directly elected by its members. The UAW uses a delegate system instead.

The union agreed to have a federal monitor for at least six years as part of its settlement. If I were the UAW, I would welcome the monitor’s presence, given that the union has been so unwilling — or perhaps simply unable — in recent years to govern itself.

You can read prosecutors’ full filing below.

Comments
Welcome to zzdcar comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Culture
I Entered My Lifted Miata In A Real Off-Road Race, Here's What Happened
I Entered My Lifted Miata In A Real Off-Road Race, Here's What Happened
I have two automotive loves: The first is the Miata, the second is off-road racing. For a while I raced air-cooled Volkswagens in the deserts of California and Nevada and I was lucky enough to co-drive in a class 11 stock bug in the Baja 1000 a few years...
Nov 14, 2025
Subaru Had It Right All Along
Subaru Had It Right All Along
When first came to the United States, it sold small funky cars that were decidedly un-American. As the company grew its own identity and became more established in the U.S., it became the first automaker to offer an all-wheel-drive passenger car in 1975. Subaru was also an early-adopter of...
Nov 14, 2025
Toyota Is Moving A Prewar 700-Ton Press Machine Halfway Around The World
Toyota Is Moving A Prewar 700-Ton Press Machine Halfway Around The World
closed its São Bernardo Plant in November 2023, marking the end of its first overseas production facility. The closure caps off a period of continuous car production in São Paolo, , lasting over 60 years. The plant was home to a Komatsu 700-ton press that predates itself. And now...
Nov 14, 2025
Watch ABS Fail When MotorWeek Tests A 1997 Chevy S-10
Watch ABS Fail When MotorWeek Tests A 1997 Chevy S-10
MotorWeek’s is some of the on the internet. The long-running automotive news magazine has a treasure trove of tests after being on the air for over 40 years. Where else can you find detailed instrumented testing of long-forgotten cars like the or a ? MotorWeek’s recent Retro Review upload is...
Nov 14, 2025
I Can't Get Enough Of This YouTuber Who Builds Tiny, Fully Functional Scale-Model Cars
I Can't Get Enough Of This YouTuber Who Builds Tiny, Fully Functional Scale-Model Cars
I love tiny, of . I have a that is roughly half the size of a normal cat, and she’s perfect. I own a 2013 , which is like the miniature version of a normal-sized vehicle (at least here in Texas) — but beyond that, I also own a Hot...
Nov 14, 2025
2024 Kia EV9: What Do You Want To Know?
2024 Kia EV9: What Do You Want To Know?
At long last, we are about to get behind the wheel of for the first time. Sure, , and sure, , and sure , but hey — what can you do? Anyway, before we get behind the wheel of this three-row electric beast, we want to know what you...
Nov 14, 2025
Copyright 2023-2025 - www.zzdcar.com All Rights Reserved