Class-action lawsuit demands ComEd issue refunds for customers after bribery scheme – Chicago Tribune

The suit, filed in Cook County Monday, comes less than two weeks after ComEd stipulated to a “yearslong bribery scheme” involving jobs, contracts and payments to Democratic House Speaker Michael Madigan’s allies as it sought favorable treatment from the legislature.

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Mark Glennon on AM560’s Morning Answer: Chicago pension buyout plan mostly shifts debt rather than eliminating it, property tax surge doubles inflation over three decades

Chicago’s political leadership is floating a pension buyout program as evidence it is seriously addressing the city’s thirty-six-billion-dollar unfunded pension liability, but Mark Glennon, founder of the Illinois policy research organization Wirepoints, said that the proposal moves debt from one column to another rather than reducing it, and that the broader fiscal picture facing the city continues to deteriorate across every measurable dimension. Audio here.

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