Monday, June 27, 2011

Crony Capitalism in Chicago. Duh Daley

Chicago Sun Times:
A Chicago venture capital fund whose projects paid more than $1.2 million to former Mayor Richard M. Daley’s son has been taken over by the federal government, which says the fund owes taxpayers $21.4 million.
Another one: Former Mayor Daley will get back all of his pension contributions within 26 months:
While collecting his government pension — one of the highest ever for any retired elected official in Illinois — Daley also is involved in three new ventures in the private sector. He’s joined the law firm Katten Muchin Rosenman, which was paid hundreds of thousands of dollars on city deals while Daley was mayor. He’s also been hired to organize a lecture series at the University of Chicago. And he’s opened an office with his son, Patrick Daley, to work on business deals.
Chicago, Chicago, that Dem town.

Hey Sun Times, you're the biggest Dem booster in the state. Where have you been?

As the city, county, state goes broke and the place goes to hell.

... 5 police injured, 13 in custody after Little Village alley fight

But you've got your Pulitzer.

What could be going on here? Oh, it's the no snitch code. But now we've got a new Dem mayor.

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