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Morning Shorts
Thursday, Nov 18, 2010 - Posted by Rich Miller * Feds probe 2007 Tribune employee stock plan: Federal authorities are taking a closer look at the stock transfer at the heart of billionaire Sam Zell’s disastrous leveraged buyout of Tribune Co., after a U.S. District Court last week determined a portion of the 2007 deal was a “prohibited transaction” under federal law. * Report blames Giannoulias bank failure on poor business strategies * Chicago street gang members arrested in raids * No House Ethics hearing for Jesse Jackson Jr. * Area experts expect more growth in stocks than jobs * Foreclosure class actions pile up against banks * Administration unexpectedly expands bonus payments for Medicare Advantage plans * AAA: Thanksgiving travel will be up 11 percent * Newly elected Palatine Republican to forgo pension * NU journalism students’ recordings probed * NU’s project to clear wrongfully convicted inmates faces ethics probe * New Data: All CPS Principals Make Six Figures * Daley’s final budget sails through the City Council * Mayor Daley’s final budget passes * City Council OKs Daley’s no-tax hike budget * Pension bets not paying off * How Chicago goes, so go the suburbs, local mayors say * Ald. Tunney wants ‘rigorous’ analysis of Wrigley plan * Del Valle says city canceled contract with sticker maker * Chicago cancels city sticker contract * Aldermen propose $1 taxi-ride surcharge to help budget * Chicago aldermen seek dollar surcharge on cab rides * Taxi customers take issue with $1 fare hike proposal * Suburban homeowners bear brunt of Cook tax increases * Kadner: Property tax Facts And more confusion * Southtown: Stroger’s crony protection program over, yet he’s oblivious * Tinley ups hotel tax * Elgin planning on less income from the casino * Oversight group rips Lake County Fair * Walsh ‘eager’ to get to work for 8th District * Quincy School Board tentatively adopts $32 million tax levy * More cuts in store for Springfield, mayor says * New Madison County state’s attorney comes from long line of lawyers * More Chicago aldermen not seeking re-election * Council veteran Ed Smith won’t run in 2011 * Mitchell: Pols could take lesson in service from Ald. Ed Smith * Losing Lake Co. Democrat misses recount deadline * Peter M. Rosenthal, longtime Rosemont village attorney, 1950-2010
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- Wumpus - Thursday, Nov 18, 10 @ 9:16 am:
So I get Quin’s tax incvrease along with my property tax hike, yay!
So increase parking fees to make people take public transit, then increase the cost of public transit because people don’t have a choice. It is so bad, the cabbies are defending us against these hikes (of course, they still want their gas surcharge, which may be fair and necessary).
- hisgirlfriday - Thursday, Nov 18, 10 @ 9:33 am:
Thank you Rep. Tom Morrison for your decision to forgo pension benefits in recognition of the state’s dire financial situation. If only more legislators had the courage of your convictions…
- Anon - Thursday, Nov 18, 10 @ 9:37 am:
@Wumpas
Where do you see an increase in the cost you pay for public transit? Because there isn’t one, no fares are increasing.
- Amalia - Thursday, Nov 18, 10 @ 9:48 am:
NU Journalism students…….the headline should be Professor operates suspect program. the program should not be focused only on trying to get convictions overturned. what about crimes where no one has been caught? at least look at the other side.
and, please, do it legally.
- dave - Thursday, Nov 18, 10 @ 10:06 am:
what about crimes where no one has been caught?
The cops do that.
- Skeeter - Thursday, Nov 18, 10 @ 10:10 am:
Great to see that Alderman Reilly stood up to the Mayor and voted no on a terrible budget. Too bad only seven aldermen had the guts to do so.
- Amalia - Thursday, Nov 18, 10 @ 10:30 am:
@dave….and defense attorneys get convicted people out of crimes, so why concentrate on that? here’s an example……missing children. why not have the journalism students hunt down every lead and present their findings to law enforcement? teach techniques by application to two sides of the justice equation. there are plenty of poor people who await justice….they are crime victims.
- Wumpus - Thursday, Nov 18, 10 @ 10:30 am:
I consider Cabs P/T.
- Cincinnatus - Thursday, Nov 18, 10 @ 10:38 am:
The NU professor will now be able to use his mistake in risking students’ lives in his next year syllabus. Kudos!
I wonder what the parents of these students think about their tuition money being used to risk their kids’ lives. How do you write that permission form?
- fed up - Thursday, Nov 18, 10 @ 12:10 pm:
I wonder if the university agrees with the professor and his the laws are for other people attitude. Apparently the police aren’t the only ones who take shortcuts.