-- Connecting the dots between our economy, government and business --
By John Bury, a pension actuary: “Bankruptcy looks more than ever like the default option.”
Comment: Loved the twitter comment on this by the Tribune’s Kristen McQuery — “But now he’s all awoke.”
You’re a liar. No you’re a liar. No you’re a liar. No you’re a liar.
The next court hearing instead will be Oct. 24, meaning activists seeking to block the project, which is being built in a public park, will be able to make a presentation to the judge before the vote — and they can use the discovery process to force the city to reveal information.
In the second quarter, 8.7 percent of Chicago-area homeowners with a mortgage owed more on it than their home was worth, according to the report released this morning by CoreLogic, a property information and analytics firm. Nationwide, 4.3 percent of homeowners were underwater.
The dynamic to watch is the reinvigorated Bernie Sanders/progressive wing of the party…. Whoever wins the next mayoral race may step into a City Council that’s vastly different from the one today.
An actuary’s perspective.
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