The conservative Building Industry Association of Washington—which is backing Initiative 1082 to the tune of $500,000—has been found by a Thurston County Superior Court judge to have mishandled tens of millions of dollars in member funds.
"It's the second time in a week that they've been found guilty of significant financial impropriety," said Collin Jergens, spokesman for FUSE Washington. "These guys clearly are not capable of managing their money well. They're not good financial stewards. And they're asking to play a greater role in our entire state's worker's compensation system under Initiative 1082. Why would we trust them?"
Well... Because they use their funds to help pay for amazing rap videos like this one?
According to Jergens, the judge found the BIAW had put money from its workers comp cash cow scheme into an interest-bearing account that earned the group $500,000—coincidentally, about the same amount the BIAW has put into 1098—when it wasn't allowed to do so.
Erin Shannon, spokesperson for the BIAW, laughed out loud at the claims of a court victory by Jergens and others, calling them "delusional."
"It's an absolute victory for BIAW," Shannon said, claiming that none of the damages the plaintiffs in the lawsuit asked for were awarded.
Shannon said the problems identified by the judge today were just "some technical paperwork and accounting procedural violations," and she added that the judge "found that there was no wrongdoing as far as we spent the money or how it was handled or where it went."
So where did it go? "I don't know what we've done with it," Shannon said.