Tuesday, June 16, 2015

Daley family business scores another . . .

Newsalert: Chicago to Borrow $1. 1 Billion Dollars: William Daley Jr. to Make 2.64 from Underwriting Fee

Chicago being part of Illinois (I think that's how it works), we might consider what a jungle it is in here -- as if we didn't know -- in view of this item:
There's more [to the story of the city's borrowing another billion-plus to stay afloat]:
The senior managing underwriter on the $1.1 billion borrowing with an estimated $2.64 million in fees is Morgan Stanley. The company’s affidavit was signed by William Daley Jr., whose uncle is the former mayor and whose father and namesake replaced Rahm Emanuel as White House chief of staff.

That not only raised eyebrows among black and Hispanic aldermen demanding a bigger seat on the gravy train tied to city bond issues.
The Daley family: looting Chicago for fun and for profit. 
What was it the Army's lawyer asked Joe McCarthy, the much-quoted theatrical clincher, "Have you no sense of decency?"