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Monthly Archives: March 2012
CSU and that missing $3.8 million.
Chicago State University has been unable to locate $3.8 million worth of equipment, including 950 computers that could contain confidential information, according to a state audit. The review released Thursday by Auditor General William Holland continues a string of reports … Continue reading
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Chicago Ald. Edward M. Burke (14th), the McMahons = stranglehold on Chicago school milk contracts
Chicago Board of Education paid 24.5 cents last month for each half-pint of chocolate milk. 75 million cartons every school year. C&M has held the Chicago school milk contract for nine years, delivering milk to more than 600 schools. Its … Continue reading
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Grant to Daycare scam.
State. Rep. Derrick Smith was arrested 3/12/2012 on charges of accepting a $7,000 bribe to steer a state grant to a daycare facility. The Chicago Democrat’s arrest comes after a three-month investigation by the FBI and the U.S. Attorney’s Office, … Continue reading
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Longtime Emanuel backer consults for firm that stands to make millions from city’s push for traffic devices
Greg Goldner, is one of Mayor Daley’s favorite political operatives. In 1999 he ran the campaign that got former Daley aide John Pope elected Tenth Ward alderman over several independent-minded candidates. In 2002 he managed Rahm Emanuel’s first primary campaign … Continue reading
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Dart’s top Animal Crimes investigator was indicted after being under FBI surveillance for over a year
On Jan. 30, sheriff’s Officer Lawrence A. Draus allegedly took $10,000 wrapped in newspaper from an informant for the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives. The informant was posing as a trafficker in contraband cigarettes — those without … Continue reading
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State Rep. Derrick Smith charged with accepting bribe
State Rep. Derrick Smith, a Democrat from Chicago, was arrested today for allegedly pocketing a $7,000 cash bribe to write an official letter of support for a day care center he believed was seeking a state grant. The arrest came … Continue reading
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FDIC sues Alexi Giannoulias
The Federal Deposit Insurance Corp. on Wednesday filed a lawsuit against relatives of former Illinois treasurer and Senate candidate Alexi Giannoulias and other executives of failed Broadway Bank in an effort to recover $104 million lost through questionable loans. Broadway … Continue reading
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New City Bank
State and federal regulators Friday closed New City Bank, a small single-branch operation with a big political backer, Cook County Commissioner William Beavers (D-Chicago). Beavers, who was indicted on federal tax charges last month, was an investor and vice chairman … Continue reading
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Third Lame Duck gets state job
Two weeks after Quinn named former state Rep. Bob Flider as director of the Illinois Department of Agriculture, the Senate voted to change how it handles signing off on gubernatorial appointments. Flider’s appointment, which must be confirmed by the Senate, … Continue reading
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