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* Carol Marin and Don Moseley at NBC 5…
Frank Olivo, the former 13th Ward Chicago alderman, is a registered lobbyist for Commonwealth Edison, city records show.
Eight months after leaving office in 2011, Olivo signed on to lobby the mayor’s office and his former city council colleagues for the public utility, which has come under intense scrutiny in recent months following a series of federal raids in Chicago and Springfield.
Olivo served as alderman of the 13th Ward, controlled by House Speaker Mike Madigan, from 1994 until he retired in 2011. The Chicago Board of Ethics website shows in 2012, Olivo was paid $24,000 for the first six months of that year by the company.
Olivo remains a lobbyist for ComEd, according to the latest records on file. For almost all of his time representing the utility giant, Olivo has been paid $4,000 a month. The payments, which are listed quarterly, show Olivo received $12,000 for the first quarter of 2019, but only $4,000 in the second quarter. For the time period of July through September he received no compensation.
That’s some interesting timing on his compensation cut-off. Or, as we used to say here, what a coinkydink.
posted by Rich Miller
Wednesday, Dec 18, 19 @ 12:49 pm
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this guy is an american success story: from jewel-osco bagger . . . to alderman . . . to utility giant lobbyist.
Comment by dying HDO Wednesday, Dec 18, 19 @ 12:54 pm
Frank Olivo would know all the speakers deepest and darkest secrets.
Comment by Wired up Wednesday, Dec 18, 19 @ 12:54 pm
Olivo had no utility once the Fed investigation began.
Comment by Donnie Elgin Wednesday, Dec 18, 19 @ 1:01 pm
I’m just flabbergasted at the level of corporate corruption at ComEd. Does anybody remember Enron? Jeff Skilling?
Comment by Annon Wednesday, Dec 18, 19 @ 1:03 pm
As Curly from the Three Stooges would say “He’s a victim of circumstance (banned punctuation)”. I agree it’s an amazing coinkydink.
Comment by revvedup Wednesday, Dec 18, 19 @ 1:04 pm
Check out the 13 Ward Democratic Organization campaign fund and you will see Frank Olivo is listed as the Treasurer. Not a dime of that $2,500,000 can be spent without his signature. Looks like he he still has a lot of power.
Comment by Justice Wednesday, Dec 18, 19 @ 1:10 pm
It aint looking good for the 13th ward, is it? I really like some of these guys but anytime you get involved in this kind of thing it has the potential to end badly.
Had the Speaker retired 5-10 years ago, as many were calling on him to do, none of this would have happened. Ironic on some levels isnt it?
Comment by low level Wednesday, Dec 18, 19 @ 1:15 pm
=Not a dime of that $2,500,000 can be spent without his signature. Looks like he he still has a lot of power.=
Yes, who doesn’t have a story about the countless times Frank Olivo overruled the Speaker when a check request went up to Frank for his signature?
Comment by Al Briteback Wednesday, Dec 18, 19 @ 1:24 pm
Drip, drip, drip.
Comment by Anon y mouse Wednesday, Dec 18, 19 @ 2:08 pm
All you need to know about the pitfalls of government control of industry is on display during this Com Ed debacle.
Regulators hold up the Regulated industry for political favors and campaign contributions.
Taxpayers and ratepayers get soaked
Who are the richest people in a socialist economy?
The political class
Comment by Lucky Pierre Wednesday, Dec 18, 19 @ 2:36 pm
@revvedup: not to be a stickler, but anything to do with the Stooges……not ‘circumstance’…..’Soycumstance” “ Bwub, Bwub, Bwub, Bwub…..”
Comment by Sayitaintso Wednesday, Dec 18, 19 @ 3:04 pm
Very thorough…7 years of research…learning an alderman had a post retirement job….BTW they kept the same secret as Tribbies and the BEEees. They keep the hint of a crime from us.
Comment by Annonin' Wednesday, Dec 18, 19 @ 3:43 pm
This is ancient history. I can’t believe that this is an issue now
Comment by Retired 126 Wednesday, Dec 18, 19 @ 3:50 pm