Capitol Fax.com - Your Illinois News Radar » *** UPDATED x3 - Ives, Pritzker, Biss campaigns respond *** Rauner denied all knowledge of lawsuit, but suit reveals he held two meetings with plaintiff in 2015
SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
*** UPDATED x3 - Ives, Pritzker, Biss campaigns respond *** Rauner denied all knowledge of lawsuit, but suit reveals he held two meetings with plaintiff in 2015

Tuesday, Jan 23, 2018

* Gov. Rauner was asked in October about a lawsuit filed against him by Kip Kirkpatrick. Media outlets had reported that Rauner had demanded the case be sealed. So, a reporter asked him “Why are you fighting to keep that sealed?”

Gov. Rauner: I am not. So, to be clear, my assets, all my investments are in a trust that I don’t control. I did that when I became governor. I can’t comment on any business disputes. That gets settled in its own process.

Reporter: Is that the reason why it’s sealed because it’s through a blind trust?

Gov. Rauner: I can’t even tell you, I mean, I don’t really have much to do with that.

Reporter: Is there attorneys who are doing that?

Gov. Rauner: I assume. I don’t know.

Rauner aide: Alright, thanks everyone.

He didn’t know anything about it and didn’t have much to do with it, eh?

* The original lawsuit was just released from its judicial seal today. I’ve highlighted portions which seem to contradict what Rauner told reporters last October

Rauner invested $5 million as a limited partner in Kirkpatrick Capital to acquire a minority share in United Shore Financial Services, LLC (”United Shore”), a privately held mortgage lender.

Rauner received an exceptional return on that investment which was made possible by a settlement of two distinct disputes with United Shore—a personal bonus claim brought by Kirkpatrick against United Shore and derivative claim brought by Kirkpatrick Capital against United Shore. This parties’ dispute concerns the allocation of those settlement proceeds. Rauner’s share of the settlement proceeds turned his $5 million investment into more than $20 million.

This $15 million gain, however, apparently is not enough for Rauner. Rauner now seeks to cut-off Kirkpatrick, in a confidential arbitration closed to public scrutiny, from his fair share of the settlement proceeds by seeking to ensure his own, self-serving interpretation of the United Shore settlement agreement (even though he is not a party to it). Rauner seeks to use Kirkpatrick Capital’s partnership agreement as a shield in the proceeding, alleging that his claims arise under Kirkpatrick Capital’s partnership agreement (which has an arbitration clause). Rauner’s claims, however, do not arise from the partnership agreement, but instead from the settlement agreement (which requires litigation in this Court) and therefore must be heard in this Court. […]

Kirkpatrick specifically kept Rauner informed throughout the litigation regarding his objectives in terms of a return on Rauner’s investment and the allocation of the settlement proceeds. At an in-person meeting in Springfield, Illinois, on May 11, 2015, on the back porch of the Governor’s mansion, Kirkpatrick laid out his expectations regarding the return to Kirkpatrick Capital from a settlement and the allocation of the settlement. These expectations were updated and communicated at a second in-person meeting between Rauner and Kirkpatrick at the Chicago Club on the evening of September 15, 2015. At neither meeting did Rauner object to the proposed allocation of the settlement proceeds, nor the return on his investment he would receive. […]

Rauner’s total proceeds from the United Shore investment were approximately $20 million, with $15 million of that being profit.

In the summer of 2017, after receiving all payments due to him, Rauner filed a demand for arbitration before the American Arbitration Association that the settlement agreement precludes Kirkpatrick Capital’s allocation of the United Shore settlement proceeds and claiming that Kirkpatrick and the Kirkpatrick Capital breached and interfered with the LPA.

Tellingly, Kirkpatrick Capital’s other two investors, Ganzi and Chaifetz—who are seasoned and sophisticated equity investors did not dispute or take issue with Kirkpatrick Capital’s allocation of the settlement proceeds.

Also, Politifact took a look at the “blind trust” angle. Click here. The topic will likely be revisited now that an allegation has been made that Rauner took an active role in his investments while he was governor.

*** UPDATE 1 *** Biss campaign…

“This is why we need to be careful when a billionaire uses the word “trust” colloquially. From Rauner’s investment scams to JB Pritzker and Chris Kennedy’s tax scams, it’s getting hard to tell these guys apart.” - Tom Elliott

*** UPDATE 2 *** Pritzker campaign…

Today, a judge unsealed Kip Kirkpatrick’s lawsuit against Bruce Rauner, shedding light on a business dispute Rauner had previously claimed to have no involvement in and no knowledge of.

The lawsuit details Bruce Rauner’s maneuvers as governor to maximize returns on a $5 million investment he had made in Kirkpatrick Capital. Kirkpatrick claims to have met repeatedly with Rauner, including once at the governor’s mansion, regarding his business interests despite Rauner’s claim to the public that “all my investments are in a trust that I don’t control.”

“Bruce Rauner is allegedly conducting private business out of the governors’ mansion and then openly lying about it to the public,” said Pritzker communications director Galia Slayen. “It is no wonder this failed governor tried to keep this lawsuit sealed, but now that it’s public, it is time for Bruce Rauner to tell voters the truth.”

*** UPDATE 3 *** Kathleen Murphy at the Jeanne Ives campaign…

“Lying and screwing people out of their money is apparently a practice Bruce Rauner brought with him from his dealings in the private sector to his dealings as Governor.”

- Posted by Rich Miller        

87 Comments
  1. - Oswego Willy - Tuesday, Jan 23, 18 @ 2:57 pm:

    Not much of a blind trust there…. Governor.


  2. - Boone's is Back - Tuesday, Jan 23, 18 @ 3:00 pm:

    Nothing to see here, move along. Move, particularly, off of the Gov Mansion’s porch.


  3. - Anonymous - Tuesday, Jan 23, 18 @ 3:00 pm:

    Lying is reflexive for the dude.


  4. - 47th Ward - Tuesday, Jan 23, 18 @ 3:01 pm:

    It may be blind, but that trust isn’t deaf, apparently. This is not a Helen Keller Trust, more of a Stevie Wonder Trust.

    Very superstitious, writings on the wall
    Very superstitious, ladders bout’ to fall


  5. - Oswego Willy - Tuesday, Jan 23, 18 @ 3:04 pm:

    “This is total baloney. Total baloney. I never sat on that porch.”

    - Fake Bruce Rauner


  6. - Anon221 - Tuesday, Jan 23, 18 @ 3:05 pm:

    Rauner… all about the Greed.


  7. - Annonin' - Tuesday, Jan 23, 18 @ 3:08 pm:

    Now we know what he does with his time. Screw biz guys. Good stuff


  8. - DuPage Bard - Tuesday, Jan 23, 18 @ 3:10 pm:

    So why does he care if its out there? Rich stealing from the rich? 95% of the public isn’t going to be able to interpret what all this mean anyway.


  9. - Henry Francis - Tuesday, Jan 23, 18 @ 3:10 pm:

    So the Guv was offered a very good deal, but because it did not go as far as his extreme position demanded, he decided to wage war and disregard any collateral damage from that war.


  10. - Skeptic - Tuesday, Jan 23, 18 @ 3:13 pm:

    He’s not even in charge of his investments.


  11. - Arsenal - Tuesday, Jan 23, 18 @ 3:14 pm:

    From the back porch of the Governor’s mansion. Man, that’s evocative. That’s a pretty good ad waiting to be made.


  12. - 47th Ward - Tuesday, Jan 23, 18 @ 3:16 pm:

    ===Rauner’s press secretary, Patty Schuh, said Rauner was speaking colloquially when he spoke of a “trust” rather than a “power of attorney” in his statement about the lawsuit.===

    I guess that’s better than citing “alternative facts,” but not by much. A follow-up Ms. Schuh: do you know of any other examples where the Governor has spoken “colloquially” that we should know about?


  13. - 360 Degree TurnAround - Tuesday, Jan 23, 18 @ 3:17 pm:

    Next new phase of the Governor’s mansion remodel…get rid of back porch.

    What back porch?


  14. - Ray del Camino - Tuesday, Jan 23, 18 @ 3:17 pm:

    Oopsie, Brucie . . .


  15. - 360 Degree TurnAround - Tuesday, Jan 23, 18 @ 3:18 pm:

    So the Governor lied? I’m ruined, my faith in the process is gone.


  16. - wordslinger - Tuesday, Jan 23, 18 @ 3:20 pm:

    Now we know why he wanted it sealed. And why he won’t release his visitor logs, or often has “no public schedule.”

    Running his private business interests from the mansion on the taxpayer dime?

    Again, the dude was Trump before Trump.

    I think some Illinois media members might want to prepare a long list on what other private business interests Rauner is keeping a hand in as governor.

    He’s flat out lied on the blind trust gag. Don’t take his word for anything.

    It will be interesting to see how quickly Pritzker gets up a spot.


  17. - wordslinger - Tuesday, Jan 23, 18 @ 3:23 pm:

    ===Rauner’s press secretary, Patty Schuh, said Rauner was speaking colloquially when he spoke of a “trust” rather than a “power of attorney” in his statement about the lawsuit.===

    Wow. Maybe say no more, for your own reputation.


  18. - @misterjayem - Tuesday, Jan 23, 18 @ 3:24 pm:

    So it’s really more of a blind blind trust trust in which you must blindly trust that Bruce put it in a blind trust?

    – MrJM


  19. - Oswego Willy - Tuesday, Jan 23, 18 @ 3:25 pm:

    ===Rauner’s press secretary, Patty Schuh, said Rauner was speaking colloquially when he spoke of a “trust” rather than a “power of attorney” in his statement about the lawsuit.===

    Splitting hairs on the idea Rauner is running his businesses from the porch of the Governor’s Mansion is that final thing you do when you know Rauner flat out fibbed to the Nth degree.


  20. - yo - Tuesday, Jan 23, 18 @ 3:31 pm:

    The rich keep getting richer. If only a poor guy had $5 million he could give another rich guy who could then turn that $5 mil into $20 mil.


  21. - huh - Tuesday, Jan 23, 18 @ 3:31 pm:

    Bruce lied? Man, I sure hope this doesn’t get back to his Grandpa in Sweeden.


  22. - Arsenal - Tuesday, Jan 23, 18 @ 3:32 pm:

    To be fair, as I said in another thread, Complaints are just allegations, they’re not yet proven, and any fool can sue anyone for anything.

    …but not just any fool gets Winston & Strawn to write up the Complaint for them…


  23. - Roman - Tuesday, Jan 23, 18 @ 3:33 pm:

    Put the blind trust vs. power-of-attorney question aside for a minute.

    He held a business meeting with an investment partner at the governor’s mansion. Just let that sink in for a minute.


  24. - DuPage - Tuesday, Jan 23, 18 @ 3:34 pm:

    Not surprised. This sort of behavior is what we have learned to expect from Rauner.


  25. - @misterjayem - Tuesday, Jan 23, 18 @ 3:36 pm:

    Bruce lied? Man, I sure hope this doesn’t get back to his Grandpa in Sweden.

    If Bruce lied again, he can just seek absolution from Cardinal Cupich.

    – MrJM


  26. - Arsenal - Tuesday, Jan 23, 18 @ 3:37 pm:

    ==Rauner’s press secretary, Patty Schuh, said Rauner was speaking colloquially when he spoke of a “trust” rather than a “power of attorney” in his statement about the lawsuit.==

    That makes no sense. The two concepts aren’t related, and no one uses the terms interchangeably.

    But yes, the fact that he was supposedly meeting with investment partners on the back porch of the Governor’s Mansion is kind of the bigger deal.


  27. - JS Mill - Tuesday, Jan 23, 18 @ 3:37 pm:

    This ad writes itself. Working multi million dollar personal deals from the people house?

    Now, Governor, tell me about all of those money grubbing legislators and how they make money off of their side gigs.

    Do you still think that is immoral and unethical?

    What side business should the governor conduct and is it ok to lie about what you are doing?

    I’ll wait for your response….


  28. - Lamont - Tuesday, Jan 23, 18 @ 3:37 pm:

    I thought we are prohibited from doing side jobs while on the states dime?


  29. - Rich Miller - Tuesday, Jan 23, 18 @ 3:39 pm:

    ===who could then turn that $5 mil into $20 mil. ===

    And think it wasn’t enough.

    lol

    I’m in the wrong business.


  30. - JS Mill - Tuesday, Jan 23, 18 @ 3:41 pm:

    Fake governor Rauner: “This is cool right? Lucky P you are cool with this meeting right?


  31. - wordslinger - Tuesday, Jan 23, 18 @ 3:42 pm:

    Crains, 1/9/15

    –Illinois Gov.-elect Bruce Rauner and his wife Diana say they are putting their assets into a blind trust to avoid conflicts of interest while he is in office….

    The blind trust means the couple will not be involved in decisions regarding their investments.–

    http://www.chicagobusiness.com/article/20150109/NEWS02/150109824/rauner-wife-put-investments-in-blind-trust


  32. - Oswego Willy - Tuesday, Jan 23, 18 @ 3:42 pm:

    How can you file a demand for arbitration if it’s a blind trust… unless you met with whom you seek relief from and know exactly what is the relief you seek.

    I’m saying it exactly as I am saying it.

    Rauner had TWO meetings. Rauner knee what relief he wanted to be whole because of those meetings.

    Rauner’s own legal actions allow the question…

    “Are you not operating from a blind trust standing?”

    Rauner is not, according to his actions(?)


  33. - Ducky LaMoore - Tuesday, Jan 23, 18 @ 3:44 pm:

    “it’s getting hard to tell these guys apart”

    It sure is. But there is no doubt who is running for governor as the whiny class envy candidate. There is only one. Good luck, Danny.


  34. - wordslinger - Tuesday, Jan 23, 18 @ 3:45 pm:

    Crains, 1-9-15

    –Illinois Gov.-elect Bruce Rauner and his wife Diana say they are putting their assets into a blind trust to avoid conflicts of interest while he is in office….

    The blind trust means the couple will not be involved in decisions regarding their investments.–

    http://www.chicagobusiness.com/article/20150109/NEWS02/150109824/rauner-wife-put-investments-in-blind-trust


  35. - Real - Tuesday, Jan 23, 18 @ 3:46 pm:

    Funny how Kennedy has yet to respond now. He responds to Pritzker in lightning speed tho.


  36. - Oswego Willy - Tuesday, Jan 23, 18 @ 3:47 pm:

    Chris Kennedy is waiting for the Raunerite talking points which will end with Kennedy saying…

    “I applaud Governor Rauner for turning $5 million into $20 million in a blind trust he has had no control over”

    This is snark.


  37. - Chicago Cynic - Tuesday, Jan 23, 18 @ 3:47 pm:

    Lyin liars and the lies they tell. Let’s not forget, Rauner was never a venture capitalist but always a vulture capitalist who profited with reckless abandon by screwing other people in pursuit of maximum greed.

    And now we know he had this sealed to hide his greed and deception. Oh, and he lied about that too. Should anything surprise us anymore?


  38. - Keyrock - Tuesday, Jan 23, 18 @ 3:50 pm:

    Yet he wasn’t a sharp enough businessman to agree to issue bonds and immediately refinance the state debts at a lower rate.
    Perfidy?


  39. - 360 Degree TurnAround - Tuesday, Jan 23, 18 @ 3:51 pm:

    I thought Rauner said last week that we needed to get rid of corruption. This sounds like “status quo” and “corruption”.


  40. - Chris P. Bacon - Tuesday, Jan 23, 18 @ 3:51 pm:

    Rauner’s assets have never been in a blind trust. The press here is so weak.


  41. - Sugar Corn - Tuesday, Jan 23, 18 @ 3:52 pm:

    God Bless Dan Biss but comparing Rauner’s bombastic lies about his involvement in private business during his tenure as governor is a far cry from rich guys exploiting tax loopholes.

    Also, Patty, get out while you can. Do you really want to be the mouthpiece for a man who will be remembered as a relentlessly dishonest, destructive incompetent?


  42. - Huh? - Tuesday, Jan 23, 18 @ 3:53 pm:

    “If Bruce lied again, he can just seek absolution from Cardinal Cupich.” What 1.4% will hear “Bless you my son, go and sin some more.”


  43. - Molly Maguire - Tuesday, Jan 23, 18 @ 3:55 pm:

    Typical Rauner evasions. It’s all catching up to him.


  44. - paddyrollingstone - Tuesday, Jan 23, 18 @ 3:57 pm:

    - huh - Tuesday, Jan 23, 18 @ 3:31 pm:

    “Bruce lied? Man, I sure hope this doesn’t get back to his Grandpa in Sweden.”

    That my friends, is how you do comedy.


  45. - Henry Francis - Tuesday, Jan 23, 18 @ 3:57 pm:

    The Guv personally made over a quarter of a BILLION dollars “passively” through his colloquial “blind trust”.

    Can someone compare the performance of the Guv’s personal finances vs the performance of the state’s finances during the same period.


  46. - Oswego Willy - Tuesday, Jan 23, 18 @ 3:58 pm:

    B & W photo of the Governor’s Mansion. :30 second spot… slowly from wide shot to tight spot on Mansion

    “Governor Rauner broke his word. On the porch of the Governor’s Mansion, Bruce Rauner ran his businesses, something he said he’d never do. Shouldn’t we have someone in the Governor’s Mansion we can trust to do the people’s business and not their own?”


  47. - Long Since Blocked By Rich - Tuesday, Jan 23, 18 @ 4:02 pm:

    I thought “blind trust” is something Rauner continues to seek from voters….


  48. - Nick Name - Tuesday, Jan 23, 18 @ 4:05 pm:

    Arbitration for me, not for thee, afscammy.


  49. - Sugar Corn - Tuesday, Jan 23, 18 @ 4:06 pm:

    Will the BGA, ICPR, EdgarCountyDogs dig in on this topic?

    Or will they stay silent as they did on his ties to Stuart Levine and the TRS perfidy? But wait, there’s more …

    Barney’s Warehouse

    Vets Home Tragedies

    Health Portal Debacle

    Managed Care Blowout

    This is not “GOOD” government.


  50. - Michael Westen - Tuesday, Jan 23, 18 @ 4:10 pm:

    Now we know how he tripled his income during his first year in office.


  51. - don the legend - Tuesday, Jan 23, 18 @ 4:17 pm:

    “Madigan and the blind trusts he controls.”


  52. - Oswego Willy - Tuesday, Jan 23, 18 @ 4:17 pm:

    “Bruce Rauner used the porch of the Governor’s Mansion to do a business deal that netted him $15 million dollars, a 300% return on an investment. Wasn’t the business done at the people’s house suppose to be about making things better for the people of Illinois? Instead, Bruce Rauner did his own business, making millions, for him”


  53. - wordslinger - Tuesday, Jan 23, 18 @ 4:17 pm:

    Also from the Crains 1/9/15 story:

    –They (the Rauners) have directed that all gains from investments that have state contracts be donated to charity.

    A Rauner spokesman said the trust is the “most ethical and transparent way” for the Rauners to avoid conflicts of interest while he is governor.–

    Perhaps now would be a good time to see an accounting of all those donations to charities the Rauners made from gains in investments that had state contracts.

    Just to see what gains they made from investments that had state contracts would be a swell idea.

    You know, to be all ethical and transparent. But let’s see it in writing.


  54. - 47th Ward - Tuesday, Jan 23, 18 @ 4:24 pm:

    I hope someone is using this as a sample question for the next state employees ethics test.

    Q: You own a share of a business venture that you’ve kept hidden from your manager. Is it permissible to conduct your personal business on state property?

    Yes or No.


  55. - ldvia; e - Tuesday, Jan 23, 18 @ 4:27 pm:

    I think the more salient point is that there were two meetings where Rauner was told what his take would be on the deal, he didn’t object or argue for more money, so the other guy thought he had a deal. Then Rauner has his lawyers sue for more money. This is what Rodongo learned the hard way and why Madigan won’t even meet with him.

    There can be no “deal” with Rauner. He cannot be trusted. At all. Ever.


  56. - Arsenal - Tuesday, Jan 23, 18 @ 4:28 pm:

    ==These expectations were updated and communicated at a second in-person meeting between Rauner and Kirkpatrick at the Chicago Club on the evening of September 15, 2015.==

    According to WBEZ’ timeline about Quincy…

    ==AUG. - SEPT. 2015

    At least 53 people, both residents and staff, are sickened at the veterans’ home. Twelve residents die during this outbreak.==

    That’s…a troubling set of dates.


  57. - Oswego Willy - Tuesday, Jan 23, 18 @ 4:29 pm:

    Hey. Stop. Just stop…

    You try to conduct a multi-million dollar deal you’re not suppose to be conducting out at the Fair Director’s House and see if you can turn a $15 million dollar profit.

    Rauner can only get $3-4 million dollar deals out at that house…


  58. - 360 Degree TurnAround - Tuesday, Jan 23, 18 @ 4:30 pm:

    Isn’t this against the law? If yes, cue investigation. If not, cue bill to be on his desk soon.


  59. - Ducky LaMoore - Tuesday, Jan 23, 18 @ 4:32 pm:

    It’s still a blind trust if he had his eyes closed the whole time he was conducting his business from the Governor’s Mansion, right? Close your eyes as tightly as you can and say, “short-sell Illinois bonds”


  60. - Trapped in the 'burbs - Tuesday, Jan 23, 18 @ 4:33 pm:

    He could have been a rich, anonymous guy but he wanted to be president. What a mess.


  61. - Oswego Willy - Tuesday, Jan 23, 18 @ 4:33 pm:

    It’s moments like this, I can’t help but think..,,

    Somewhere, Ken Griffin is laughing at Bruce, still in disbelief that Bruce took a joke of an idea and actually ran for governor and won.


  62. - 47th Ward - Tuesday, Jan 23, 18 @ 4:35 pm:

    ===Ken Griffin is laughing at Bruce===

    Looks like Ken is going to win that $1 bet they had.


  63. - Precinct Captain - Tuesday, Jan 23, 18 @ 4:35 pm:

    Ives and Biss win the responses. How long will Bruce be in the bunker for this?


  64. - anon - Tuesday, Jan 23, 18 @ 4:35 pm:

    Rauner can use the Shaggy Defense: It Wasn’t Me.


  65. - Real - Tuesday, Jan 23, 18 @ 4:36 pm:

    Still no response from Kennedy. I will actively have my family vote against you in the primary. Good luck


  66. - Oswego Willy - Tuesday, Jan 23, 18 @ 4:36 pm:

    “Looking good” - 47th Ward -…


  67. - 47th Ward - Tuesday, Jan 23, 18 @ 4:37 pm:

    “Feeling good” Willy.


  68. - Oswego Willy - Tuesday, Jan 23, 18 @ 4:37 pm:

    Kennedy is waiting for the Rauner talking points…

    … it’s funny because it might be true(?)


  69. - Real - Tuesday, Jan 23, 18 @ 4:47 pm:

    “Lying and screwing people out of their money is apparently a practice Bruce Rauner brought with him from his dealings in the private sector to his dealings as Governor.”

    -But you had no issue with Rauner screwing state employees out of there money for 3 years. Nice to see you only care about corporate firms that are screwed out of there money..


  70. - Roman - Tuesday, Jan 23, 18 @ 4:49 pm:

    The silence from the Rauner shop is deafening. They’ve know for days that this bomb was coming (heck, I predicted it on a different comment thread here earlier today,) and no statement yet?

    I figure they issue a nondenial-denial in which they attack Kirkpatrick as a Democratic hack.


  71. - Arsenal - Tuesday, Jan 23, 18 @ 4:51 pm:

    Do they keep visitors’ logs for the mansion? Shouldn’t those be released?


  72. - Oswego Willy - Tuesday, Jan 23, 18 @ 4:52 pm:

    (Tips cap to -47th Ward -)

    To Ives…

    ===“Lying and … people out of their money is apparently a practice Bruce Rauner brought with him from his dealings in the private sector to his dealings as Governor.”===

    You voted in lock step with Rauner for a whole General Assembly and a half.

    Rauner time after time did things that mage your own votes look foolish.

    I’m just confused. This epiphany, shouldn’t you also say how wrong you were for years listening to him?

    You’re “new” to all this “taking on Rauner” thingy. It makes, no matter your word choices, the taking Rauner on… less.


  73. - wordslinger - Tuesday, Jan 23, 18 @ 5:04 pm:

    –“Lying and screwing people out of their money is apparently a practice Bruce Rauner brought with him from his dealings in the private sector to his dealings as Governor.”–

    If the Ives campaign runs out of material, they can access the Cap Fax archives for comments like this that some of us wrote about Rauner even before the 2014 election.

    They should probably ignore all the nice-nice Ives had to say about Rauner before he signed HB40.


  74. - Henry Francis - Tuesday, Jan 23, 18 @ 5:13 pm:

    How much more of a return did Bruce think he was entitled to? $5M? $20M?

    How is it worth it for him to have this lawsuit over such chicken feed?

    Considering how much he has “invested” in getting to be Guv, and how much more in “capital contributions” he continues to make in this investment, you would think he would just begrudgingly accept his 300% return from Kip and protect his much larger (and public) investment.


  75. - My New Handle - Tuesday, Jan 23, 18 @ 5:44 pm:

    Lots of ranting, raving, measured criticism…. but it only leads to a possible defeat of Rauner in the election. Otherwise, he is off scott free. Justice for the wealthy is like the satisfying puff on a Marlboro.


  76. - Baloneymous - Tuesday, Jan 23, 18 @ 5:55 pm:

    wow 6pm and still no response from Kennedy. but he responds to and agrees with Rauner hits on Pritzker almost immediately. amazing…


  77. - Anonymous - Tuesday, Jan 23, 18 @ 5:57 pm:

    “–Illinois Gov.-elect Bruce Rauner and his wife Diana say they are putting their assets into a blind trust to avoid conflicts of interest while he is in office….”

    Has Rauner’s business caused any conflicts of interest with the state business?


  78. - Anonymous - Tuesday, Jan 23, 18 @ 5:58 pm:

    I think it only fair to the public that the ISP and FBI investigate the (current) Governor and determine if he indeed is or has been conducting private business on state time and property. And they should release all the tapes from the Rauner Investigation. You know… for justice. Or something.

    Goodbye to your one weapon against Pritzger, Governor; when this boil fully pops, it should neatly cancel out your ad campaign, and then you’ll have only your record to run on.

    I almost feel sorry for a billionaire.


  79. - Mama - Tuesday, Jan 23, 18 @ 6:02 pm:

    ==wordslinger - Tuesday, Jan 23, 18 @ 4:17 pm:

    Also from the Crains 1/9/15 story:

    “–They (the Rauners) have directed that all gains from investments that have state contracts be donated to charity.”

    “Perhaps now would be a good time to see an accounting of all those donations to charities the Rauners made from gains in investments that had state contracts.”

    wordslinger, I agree with you. “Now would be a good time to see an accounting of all those donations to charities the Rauners made from gains in investments that had state contracts.”


  80. - Not a Billionaire - Tuesday, Jan 23, 18 @ 6:29 pm:

    It is against the law to run your business on state time and property unless you are paying like the fast food places at the student unions or you have an agreement to donate. If he was he sure would not want to hide it. He needs to go now. This is very bad.


  81. - Rutro - Tuesday, Jan 23, 18 @ 6:52 pm:

    @arsenal; hence the back porch?


  82. - Arsenal - Tuesday, Jan 23, 18 @ 8:41 pm:

    ==hence the back porch?==

    Maybe, but there’s a gate all the way around the mansion. I’m not sure how strict they are about having people sign in or something, but you can’t just walk up to any part of the building without someone noticing.


  83. - Anonymous - Tuesday, Jan 23, 18 @ 9:02 pm:

    Any chance that doing personal business from the governor’s mansiom was mentioned as unethical in the ethics memo Dennis Murashko released that led to his departure?


  84. - Midwesterner - Tuesday, Jan 23, 18 @ 10:49 pm:

    This might be more of a question, is it correct that the initial transaction entail Rauner–an enemy of the tort system and people’s right to have their day in court–subsidizing a lawsuit?


  85. - Rabid - Wednesday, Jan 24, 18 @ 2:37 am:

    i’m your back door man, no more mr nice guy


  86. - illinois manufacturer - Wednesday, Jan 24, 18 @ 8:34 am:

    I am suprised Ives has not fully jumped because we are now at lawbreaking and this suit sure looks like the Blago tapes. ……It would be an easy way for an Ives…Proft..Uhlein win…..until they lose in a landslide in November.


  87. - Rabid - Wednesday, Jan 24, 18 @ 8:49 am:

    Tronc says patio, not porch, what a load that is off my mind


TrackBack URI

Sorry, comments for this post are now closed.


* Rauner appoints Dunkin to MWRD
* Reader comments closed for the weekend
* ERA opponents' logic questioned
* Question of the day
* More IDVA shakeup as embattled director quits
* Sanguinetti ties gun issue to Cuban heritage while talking AV
* Stop Illinois Big Coal Bailouts
* After stinging criticism, tronc reportedly calls cops on picketing reporters
* Captains obvious
* Chicago political ad spending almost three times higher than closest national competitor
* Cullerton heard "Laurel"
* Black Caucus claims Rauner paying "lip service" to black vendors
* Bitter infighting continues at troubled SIU
* Peoria paper compares Rauner to Trump - and not in a good way
* Harmon essentially claims Madigan is living in Rauner's head rent-free
* Marion mayor fumes over state response to water shortage
* NRA and Rauner in close step on two bills
* *** UPDATED x1 - Rauner admin responds *** Madigan blames Rauner for Quincy, says members have unanswered questions
* *** LIVE *** Session coverage
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............
<


Loading


* Disaster order for 9 S. Illinois counties hit b.....
* CIOTR panel talks death penalty proposal - CIpr.....
* Editorial | Everything's going Pritzker's way..
* Editorial | Everything's going Pritzker's way -.....
* Rich Miller/Capitol Fax | Good politics, but no.....


* Police suspect driver who killed pedestrian was drunk
* Wildlife Prairie Park to add 14 new cabins
* Winner of karaoke contest to perform at Illinois State Fair
* U of I performing arts center to mark 50th anniversary
* EXCHANGE: Sensory bags, story times to benefit autistics
* EXCHANGE: Retiring owner hoping to keep radio station local
* Trump nominates Chicago businessman for Belgium ambassador
* East St. Louis police officer who earned $200K put on leave
* Illinois group needs $500K to restore Black Hawk statue
* Disaster order for 9 S. Illinois counties hit by main break

* Illinois GOP chairman re-elected; Republicans display unity
* GoFundMe makes saving Lincoln artifacts modern, accessible
* Gov. Rauner ally Ken Dunkin given $70K Chicago post
* Madigan wants information on governor's Legionnaires' fix
* State lawmaker to SIU president: 'Go to hell, sir'
* Bill permitting medical marijuana use in schools goes to Rauner
* Madigan: Rauner's death penalty proposal to get hearing Monday
* Illinois Senate approves $40,000 minimum salary for teachers
* Justice Charles Freeman announces retirement from Illinois Supreme Court
* Under the Dome Podcast: Death penalty. Guns. ERA. GOP unity.

* Trump taps Ron Gidwitz to be Belgian ambassador
* Art Institute uses data to give visitors what they want
* Crain's wins 4 Chicago journalism awards
* A tougher carjacking law is about crime, not race, says police chief
* Crain's largest publicly traded companies


* Murder case shows system’s hurdles for victims of domestic violence
* White Sox: terrible. Cubs: maddeningly inconsistent. Yep, that sums it up so far
* British royal family thanks those who celebrated wedding
* Mother charged after 3 young children found living in squalid Albany Park home
* Pope Francis to create 14 new cardinals in June
* A guide to summer music in Chicago
* A guide to Chicago festivals
* Man, 36, shot during home invasion in Englewood
* Drink in the fresh air: 33 spots to drink outdoors
* Let Illinois towns pass assault weapons bans


* Investigators finally get a look at materials from Cohen raid
* Oliver North, incoming NRA chief, blames school shootings on 'culture of violence'
* Mnuchin says U.S. and China putting trade war on hold
* Takeaways would elevate the Bears defense from good to great
* Man fights off would-be carjackers in Oak Park: police
* Cubs' Ian Happ starts at 3B as Kris Bryant gets rest against Reds
* Lake County Lines: Repairs planned at Round Lake Park school devastated by floods
* Kevin Pendergast represents side of legal gambling story easy to overlook
* Andrei Vasillevskiy shines late, Lightning hold off Capitals 3-2
* Obama's education secretary: Let's boycott school until gun laws change


» The Quandary Behind A Quincy Legionnaires’ Victim’s Death: ‘Where The Heck Was She?’
» State Week: Gun Bills And The Death Penalty, GOP Leadership Fight
» Web Extra, The Week in Review: Biss Endorses Pritzker
» The Week in Review: Obama Presidential Center Gets City’s Approval
» Should The Voting Age Be Lowered?; ‘Hamilton: The Exhibition’; Food As Medicine; Rescuing Tortoises
» Voices Of Chicagoland's Opioid Crisis: Nick Kanehl And Marty Cook
» How To Stop Gun Violence? Just Ask
» #651 John Prine, Opinions on Courtney Barnett & Scott Hutchison
» May 17, 2018 - Full Show
» Obama Presidential Center Clears First Hurdle


* Our View: Another disappointing lack of transparency in Illinois government
* Ralph Martire: Illinois can't afford Rauner's budget 'savings' rhetoric
* BGA: Redistricting reform can't be blocked forever
* Community Foundation for the Land of Lincoln: Forging ahead to serve those who came before us
* Statehouse Insider: Is the happy talk for real?
* Illinois GOP chairman re-elected; Republicans display unity
* GoFundMe makes saving Lincoln artifacts modern, accessible
* Our View: Support legislation that would halt newsprint tariffs
* Guest View: National infrastructure initiative must meet the needs of rural America
* Lisa Madigan: Illinois must continue to invest in vital legal aid organizations


* 'The People's Station': WLLULP aims to spread positive Decatur community news
* Illinois 200 | World War II caused dramatic changes to Illinois’ way of life and economy
* PFOP: Short-lived performance hall once city’s finest
* Mother-daughter duo from Royalton share stage at Rend Lake College pinning ceremony
* Dieterich high school class turning out skilled woodworkers
* Get inspired! Girls World Expo is today at Decatur Conference Center and Hotel
* Should Illinois townships go away? Legislation would make it easier to do exactly that
* Documents appear to show SIU president kept Carbondale in the dark on funding shift
* New adoptables in Decatur and Macon County. Pick your new dog or cat!
* Decatur evictions are double the statewide rate. Here's a map that shows where they happened.


* 'Jurassic Park' dinosaur expert's next big thing: holograms
* Texas lieutenant governor calls for 'hardening' of schools
* Green, Sargent join Pulisic on US Soccer roster vs Bolivia
* Whitewater river in Colorado a bright spot amid grim drought
* Investigators finally get look at materials from Cohen raid

* Congressional Hearing on UFOs Suggested by...
* How the Public Finance Network will push C...
* Congressional town halls: Old-fashioned an...
* Paulsen initiates bipartisan request on pr...
* Word on the Street: State of Illinois' den...
* 2018 Commencement: NEIU Students and Congr...
* Issues impacting Latinos addressed by US r...
* Ruben Navarrette: Pence goes to Arizona --...
* Pella to add over 100 jobs to Macomb facility
* Durbin leaves door open to work requiremen...

* Dems, Trump Admin Find Common Ground: Help......
* Sunday Extra | War with Iran is a bad idea...
* Halpin named to passenger rail commission...
* Figuring out alternatives to prison...
* How area members of Congress voted last week...

* Donald Trump nominees delayed by more than......
* Halpin named to passenger rail commission...
* Senators urge Trump to combat anti-Semitism...
* Legion legislation a good first step to he......
* Bill would make attack aboard train federa......

* What’s THIS? Illinois hasn’t paid its health care bill for retired teachers in 17 months. Rauner wants the payments to stop entirely.
* Sunday, bloody Sunday.
* Free Digital Badge Toolkit Helps Students Show Off Their 21st Century Skills
* Why One Professor Prefers Electronic Ink Over Fancy Tablets
* 7 Roles for Artificial Intelligence in Education
* 2018’s Cities with the Most & Least Student Debt
* It’s time to break silos, look at education as a continuum, leaders say
* Connecticut calls its new Cybersecurity Action Plan a ‘call to arms’
* Are Etextbooks Affordable Now? In a bid to gain market share, publishers have slashed the cost of digital textbooks
* Campus network security officials step up fight against cyberattacks


* Rend Lake Water Conservancy District Water Main Break
* Statement from Gov. Rauner
* IEMA Highlights Emergency Preparedness for People with Access and Functional Needs in May
* IEMA Highlights Role of Volunteers in Disasters
* Governor Rauner activates State Emergency Operations Center in Springfield

  
* Valerian director Luc Besson accused of rape
* Fintech is disrupting big banks, but here’s what it still needs to learn from them
* AT&T has launched a programmable LTE button for businesses
* This beautiful project creates soundtracks for photographs
* Weekly poll: OnePlus 6 - hot or not?
* Must read: top 10 Android stories
* Listen to one of the best short science fiction podcasts right now

* Most Essential White Sox Vote: Round 1
* Jimenez racks up season-high 4 hits
* Methup X, success! Chisox nip Texas, 5-3
* White Sox Minor League Update: May 19, 2018
* Palka's 2-run triple helps lift White Sox to win
* Palka's 2-run triple lifts White Sox to win
* Security guard catches foul ball in net


Main Menu
Home
Illinois
YouTube
Pundit rankings
Obama
Subscriber Content
Durbin
Burris
Blagojevich Trial
Advertising
Updated Posts
Polls

Archives
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015
January 2015
December 2014
November 2014
October 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013
May 2013
April 2013
March 2013
February 2013
January 2013
December 2012
November 2012
October 2012
September 2012
August 2012
July 2012
June 2012
May 2012
April 2012
March 2012
February 2012
January 2012
December 2011
November 2011
October 2011
September 2011
August 2011
July 2011
June 2011
May 2011
April 2011
March 2011
February 2011
January 2011
December 2010
November 2010
October 2010
September 2010
August 2010
July 2010
June 2010
May 2010
April 2010
March 2010
February 2010
January 2010
December 2009
November 2009
October 2009
September 2009
August 2009
July 2009
June 2009
May 2009
April 2009
March 2009
February 2009
January 2009
December 2008
November 2008
October 2008
September 2008
August 2008
July 2008
June 2008
May 2008
April 2008
March 2008
February 2008
January 2008
December 2007
November 2007
October 2007
September 2007
August 2007
July 2007
June 2007
May 2007
April 2007
March 2007
February 2007
January 2007
December 2006
November 2006
October 2006
September 2006
August 2006
July 2006
June 2006
May 2006
April 2006
March 2006
February 2006
January 2006
December 2005
April 2005
March 2005
February 2005
January 2005
December 2004
November 2004
October 2004

Blog*Spot Archives
November 2005
October 2005
September 2005
August 2005
July 2005
June 2005
May 2005

Syndication

RSS Feed 2.0
Comments RSS 2.0
WordPress




Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller