For as long as most people can remember, organized labor has issued an annual congressional "scorecard" as a way to reward its friends and punish its enemies for the way they voted. Now labor's doing the same thing for the money managers on Wall Street who handle union pension investments.

The Center for Working Capital, an AFL-CIO entity created to keep track of such things, this week issued its first survey of how pension funds' money managers voted on shareholder resolutions proposed by labor unions -- in other words, a scorecard of sorts on labor's friends and enemies on Wall Street.

Labor is beginning this evaluation process out of necessity. As the strike becomes a less effective weapon, organized labor has turned increasingly to Wall Street to try to accomplish what it can't get at the bargaining table. Labor says it is no longer willing to sit back without a fight as money managers often use workers' pension funds to finance the mergers and takeovers that cost other workers their jobs.