Day: November 7, 2018

JB Pritzker transition team announced – Fox IL

Comment: Notables include Michael Sacks — Rahm’s favorite finance guy and the one who brought us the idea of the $10B Chicago pension obligation bond, and Jim Edgar — currently making nobody-knows-how-much as Chairman of one of the companies that buys payables owed by the state of Illinois.

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Pritzker, the winner’s curse and Illinois’ fiscal reality

Governor-elect J.B. Pritzker may have celebrated his win over incumbent Bruce Rauner, but his resulting hangover will last for his entire term. Pritzker’s campaign promises for more spending and higher taxes will set him up for failure. Combine that with the mess Illinois is already in and Pritzker could see the state collapse around him. Call it the winner’s curse.

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