-- Connecting the dots between our economy, government and business --
As White Sox chairman Jerry Reinsdorf seeks $1 billion in taxpayer funding for a new ballpark in a planned mixed-use district in the South Loop, his associates have spent $44.7 million buying parking lots run by his competitors to build what could be a similar district around the United Center. Reinsdorf and the Wirtz family co-own the United Center, which they built 30 years ago without any government financing.
Audio and summary linked here.
A mess of uncertainty and litigation is sure to follow.
Summary and audio linked here.
With $162 billion more from taxpayers, couldn’t you deliver a few bond upgrades, too
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I questioned the man’s sanity keeping his subpar baseball team in Chicago when many other cities want a pro sports team; and now I know he’s clearly lost his mind by buying up more property in Chicago.