* From a press release…
“Before a friendly audience behind closed doors in March, Ty Fahner claimed credit for driving down the state’s bond rating–and thereby raising costs to all taxpayers. Now, under growing public scrutiny, he says that wasn’t true.
“Fahner’s delayed attempt to deny that those efforts took place results in more questions than answers. If there’s nothing to hide, why is he trying to backtrack now? Why would he mislead the public in the first place?
“Did members of the Civic Committee speak to the ratings agencies — as Fahner clearly stated initially? If so, what transpired? Did any Civic Committee members profit from these actions? How did the role of Fahner’s law firm as state bond counsel and the role of many Civic Committee members as bond underwriters impact their efforts to lobby to reduce the state’s rating?
“Ultimately, which story should the public believe? Every Illinoisan deserves to know what really happened. We urge elected officials and the news media to demand answers to these lingering questions, uncover what occurred, and examine whether formal consequences are warranted.”
Investigation needed or no?