Taxpayer-subsidized manufacturer shutters Illinois plant – Illinois Policy
August 28, 2018
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-- Connecting the dots between our economy, government and business --
Chicago CFO’s Stupendously Bad Timing On Her Last Pension Obligation Bond – Zero Hedge
August 28, 2018
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A republication of our Wirepoints article.
Illinois law allows state investments to pay down backlog – The Bond Buyer
August 28, 2018
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SB 2858/Public Act 100-1107 authorizes state Treasurer Michael Frerichs to invest up to $2 billion in funds not immediately needed for current expenditures to pay down unpaid receivables through state Comptroller Susana Mendoza’s office.
Is Chicago’s $10 Billion Pension Bond Sale Decision the Answer? – Chief Investment Officer
August 28, 2018
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Is This The Real Reason For Chicago’s Pension Obligation Bond Proposal? – Forbes
August 28, 2018
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By pension actuary Elizabeth Bauer.
New law requires Illinois insurers to cover hearing aids for children – IL Watchdog
August 28, 2018
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Emanuel’s real motivations for Chicago’s $10 billion pension bond plan
August 28, 2018
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Pension obligation bonds are nothing more than gambling using taxpayer funds. But bad policy has never stopped a Chicago politician. The POB’s are Emanuel’s “solution” to his failed record on policing and as a property tax hiker.
Republicans demand tax plan details from JB Pritzker – ABC Chicago
August 28, 2018
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Can Emanuel’s bad pension borrowing be made good? – Greg Hinz – Crain’s
August 28, 2018
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Comment: Oh, jeez. The concept here is from Ralph Martire and the CTBA. Just to put more money into the pensions sooner — borrowed money.
Chicago Pension Obligation Bond Idea: It’s the Discount Rate, Stupid – Stump
August 28, 2018
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An actuary’s perspective.
BGA sues Chicago to get documents on Hyperloop tunnel deal with Elon Musk – Business Insider
August 28, 2018
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Senators want answers on Rauner’s proposed South Loop tech campus – Crain’s
August 28, 2018
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A few state senators are hoping to get some details today about the $500 million that was allocated to Gov. Bruce Rauner’s planned Discovery Partners Institute, a University of Illinois research facility planned for the South Loop.