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* The good…
State Treasurer Dan Rutherford said Thursday he has cut his office’s vehicle fleet in half and reduced mobile phone use. […]
The treasurer’s office had 12 cars, which has been reduced to six. The vehicles will be returned to the Department of Central Management Services. Rutherford said he hopes they will be used by other agencies.
* More good…
Two Southern Illinoisans were honored recently by Gov. Pat Quinn with a 2011 Governor’s Volunteer Service Award.
The awards were presented to 25 Illinoisans in five regions for volunteers who make a difference in their community.
Amy Simpson of Carterville was honored for her service to Gum Drops and Jean Domingez of Mount Vernon was honored for service to One Hope United Foster Grandparent Program.
* The bad…
Jamie Dimon made nearly $21 million last year in cash and stock awards as CEO of J. P. Morgan Chase & Co., but the giant bank still covered $421,458 in real estate commissions and related costs in selling his Gold Coast mansion. […]
Mr. Dimon, 55, moved from New York to Chicago in 1999 to become CEO of Bank One Corp., then Chicago’s biggest bank. Five years later, he engineered Bank One’s $58-billion sale to New York-based J. P. Morgan, a deal that positioned him to become CEO of the combined bank and enabled him to move home to New York.
He kept the Chicago home for several more years to allow his children to finish high school in Chicago. Mr. Dimon sold the mansion last year to billionaire energy-industry magnate Michael Polsky for $6.8 million after Mr. Dimon slashed the original asking price of $13.5 million a few times before reaching agreement.
Mr. Dimon paid $4.7 million for the home in 2000, property records show.
* The ugly…
The agency that oversees the College Illinois prepaid tuition program didn’t follow sound business practices — or state law — when it hired San Francisco-based Grigsby & Associates for investment advice, according to a state audit released Thursday.
The Illinois Student Assistance Commission hired the firm to advise College Illinois on debt restructuring, but it gave only one opinion to ISAC: to invest $12.8 million in ShoreBank Corp. The investment was lost last year when ShoreBank collapsed.
* And other stuff…
* Former Illinois Gov. Edgar commends state on tax hike: Jim Edgar, a Republican, commended lawmakers today for making the “tough” decision to hike the state’s tax rate — a measure supported by none of his fellow Republicans in the state legislature — and called for more compromise in Springfield.
* Anti-Strike Language A Key Pivot Point In Education Bill
* Dowell’s Vacant Building Bill In Springfield’s Hands
* Press Release: Illinois’ financial house a mess; so is system used to track finances
* Quinn Confident Federal Shutdown Will Be Averted
* How the federal government shutdown would affect Chicago
* Lincoln Home will be among first victims of government shutdown
* House might ditch current workers’ comp system
* State official playing tourist with a purpose
* As federal shutdown looms, region would quickly feel the pain
* Illinois Government Workers; We’re not Wisconsin!
* School districts without unions rare in Illinois, but not unheard of - Teachers go it alone in 16 districts, including 2 in Chicago suburbs,
* Dunk champ hears governor’s dunking tale
* Rahm Emauel to help Carol Moseley Braun retire her campaign debt
* Mayor Richard Daley kicks off farewell tour
* Bean’s decision not to run could affect redistricting
posted by Rich Miller
Friday, Apr 8, 11 @ 10:40 am
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Previous Post: Supreme Court rules out-of-staters don’t need FOID cards - Gun bill dies in House
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Other than receiving an e-mail invitation to a fundraiser, I missed mention of exactly how Emanuel will be helping Braun retire her campaign debt in that Tribune article.
Is this a three fingered “read between the lines” bit?
Comment by Kasich Walker, Jr. Friday, Apr 8, 11 @ 10:53 am
“State Treasurer Dan Rutherford said Thursday he has cut his office’s vehicle fleet in half….”
Maybe Pongee got jealous?
Comment by just sayin' Friday, Apr 8, 11 @ 10:58 am
It’s A Wonderful Life — $25 billion TARPster JPMChase is just a regular old Bailey Building and Loan when it comes to helping Dimon get out from under to pursue a new life in New York.
Like Violet, Dimon got George Bailey. Old Man Potter must have been the JPMChase exec in charge of harassing and illegally overcharging and foreclosing on active-duty military families.
Comment by wordslinger Friday, Apr 8, 11 @ 11:18 am
Kudos to Rutherford. The ugly is really really distrubing. Somone should go to jail for that one.
Comment by Palatine Friday, Apr 8, 11 @ 11:55 am
The ISAC story is very disturbing…who is supposed to oversee it? Besides the Auditor General after the fact?
Comment by Loop Lady Friday, Apr 8, 11 @ 12:01 pm
The 2008 property taxes for Dimon’s digs on Banks Street (cute, that!) were $60,918.06. Source: http://chicago.blockshopper.com/property/17031060340000/25_e_banks_street/
Gee. Sweetness at every turn.
Comment by Dooley Dudright Friday, Apr 8, 11 @ 12:56 pm
Dan Rutherford will be the GOP candidate for Governor in 2014.
Comment by GA Watcher Friday, Apr 8, 11 @ 1:45 pm