Tuesday, December 16, 2008

Lisa--Pull the Lawsuit

Apparently Illinois can indeed fund its considerable debts. Lisa--pull the lawsuit. Legal Insurrection:

Reuters is reporting that "Illinois will go ahead with a much-needed $1.4 billion borrowing on Tuesday after a deal was reached with state constitutional officers on legal language issues related to fraud and bribery charges against the governor." This agreement to go ahead with funding pulls the last leg out from under Illinois Attorney General Lisa Madigan's lawsuit filed Friday, December 12, 2008, seeking an emergency order stripping Gov. Rod Blagojevich of his powers.
More here.

UPDATE: Related, Crain's: Guv's arrest costs state $20M in bond sale. I think the feckless Lisa has some culpability here too:
The delay was necessary to address any legal language issues related to Mr. Blagojevich's charges. That language deals with the charges as well as Illinois Attorney General Lisa Madigan's petition to the state Supreme Court to temporarily remove the governor from office...

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