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Chicago Current archives

September 12, 2013 @ 7:02 AM

Archive: Preckwinkle shakes up Cook County medical examiner's office

After months of evaluating operations and making lower-level changes at the troubled county morgue, Cook County Board President Toni Preckwinkle launched a major shake-up Tuesday that included the departure of the two top officials at the medical ...


September 12, 2013 @ 7:02 AM

Cook County Morgue Might Cremate Some Unclaimed Bodies

... County Board on Wednesday approved changes to an ordinance that would allow the office to explore whether it's cost-effective and feasible to cremate unclaimed or “disclaimed” bodies, according to Cook County Board President Toni Preckwinkle's office.


September 12, 2013 @ 7:02 AM

Archive: Cook County considers cremation

County Board President Toni Preckwinkle said she supports the idea of adding cremation but has some concerns. "I just want to make sure that if we pursue a cremation policy, we are respectful of the families' wishes," Preckwinkle said. "That's my ...


September 12, 2013 @ 7:01 AM

Hank Paulson: This Is What It Was Like to Face the Financial Crisis

I talked about the over-the-counter derivative market and the lack of transparency there. I talked about the size of hedge funds. I didn't talk about housing. When we finished the conversation, the president said, “Hank, what would cause the financial ...


September 12, 2013 @ 7:01 AM

For Regulators Who Failed To Prevent Financial Meltdown, Life After Crisis Isn ...

Treasury Secretary Henry Paulson was the face and voice of the financial crisis of 2008, appearing on television almost daily advocating for the authority to bail out U.S. banks while at the same time trying to calm the public and the markets to ...


September 12, 2013 @ 7:01 AM

CHA Pouring Funds Into Substandard Housing

The Chicago Housing Authority has paid out nearly $2 billion over the past five years to help pay rent for nearly 37,000 low-income families in Chicago. But much of that taxpayer money has gone to pay for substandard apartments and units that ...


September 11, 2013 @ 7:01 AM

Low-income solar

He'll be based in Chicago. Principal, led by Chief Executive Officer Larry Zimpleman, is bolstering the asset-management unit to add clients and increase fee income. Principal Real Estate Investors manages or subadvises $47 billion in commercial real ...


September 11, 2013 @ 7:01 AM

AFGE Local President in Chicago Sentenced for Theft

On August 6, Christopher Stansbury, former president of American Federation of Government Employees Local 1765, was sentenced in U.S. District Court for the Northern District of Illinois to two years of probation and ordered to pay restitution in the ...


September 11, 2013 @ 7:00 AM

Midway Lease Unravels With Only One Bidder

CHICAGO – A political landscape marked by anti-privatization sentiments may have left Chicago Mayor Rahm Emanuel little choice but to drop the city's bid to lease Midway International Airport after one of only two remaining bidders pulled out, market ...


September 11, 2013 @ 7:00 AM

Budget cuts take dogs out of the hunt for Illinois prison escapee

SPRINGFIELD — When Illinois prison officials scrambled on Labor Day weekend to track down an escaped prisoner, among those involved in the manhunt were specially trained dogs. But the dogs weren't from the prison system's canine unit. ... According to ...


September 11, 2013 @ 7:00 AM

Editorial: Save emergency state purchases for the real deal

Rod Blagojevich's tenure. There are legitimate reasons for emergency no-bid contracts. For example, the Illinois State Police had to rush a purchase of goods and services to implement the new concealed carry law. It's also an emergency, for example, if ...


September 11, 2013 @ 7:00 AM

New-Analysis-for-the-Investor-on-Dec-8-2011

Rod Blagojevich was sentenced to 14 years in federal prison on Wednesday, becoming the fourth Illinois governor to be sent to prison since the 1970s, reports the Chicago Tribune. U.S. District Judge James Zagel indicated the long-standing history of ...


September 11, 2013 @ 7:00 AM

Paul Vallas on being "in eye of the storm"

He battled teachers' unions, the mayor and even Rod Blagojevich, who beat him out in the Democratic gubernatorial primary of 2001. Mr. Vallas went on to manage school systems in Philadelphia, New Orleans and Haiti, while also keeping a home here in ...


September 11, 2013 @ 7:00 AM

David Letterman Lets Rahm Emanuel Blame Bush for Economy, Congress for ...

David Letterman found it impossible to talk about the Instigator in Chief of the current diplomatic crisis with Syria on Monday night's edition of The Late Show. The host made a couple light-hearted jokes before launching another slam at President ...


September 11, 2013 @ 7:00 AM

CTA reverses course on bus service to new Wal-Mart

At the ribbon-cutting, Emanuel took some shots at the CTA and its president, Forrest Claypool, whom Emanuel appointed. The mayor joked with the crowd that he would have been to the celebration earlier, but he took the bus and had to walk about five ...


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