Hotel Union Launches Website Highlighting Investment Practices of the Washington State Investment Board; Criticizes Private Equity Investments Supporting Privatization.

Business Editors

WASHINGTON--(BUSINESS WIRE)--Oct. 16, 2002

Today, the Hotel Employees and Restaurant Employees International Union (HERE) announced the launch of a new website - www.WSIBmonitor.org -- highlighting the investment practices of the Washington State Investment Board (WSIB), a state agency managing over $44 billion in retirement assets of Washington state workers and teachers.

"Our website is designed to educate retirees and contributing employees about some of WSIB's investment practices," said Chris Bohner, a senior research analyst at HERE. "The website also provides basic information on the fund's investments that WSIB doesn't make widely ...

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