-- Connecting the dots between our economy, government and business --
It's due to a rating criteria change and not a change in circumstances, but the result is a five-notch downgrade.
SIGN UP HERE FOR FREE WIREPOINTS DAILY NEWSLETTER
FOLLOW US
WIREPOINTS ORIGINAL STORIES
Audio and summary Why the Holdup Using Artificial Intelligence to Cut Illinois Government Costs? – Wirepoints
May 19, 2026
10 Comments
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
Note to readers from Mark Glennon re: Ukraine
May 6, 2026
4 Comments
Everybody needs a side hustle these days, and mine is Ukraine, where I am now.
Wirepoints’ Mark Glennon on AM560’s Morning Answer – Chicago’s struggling commercial real estate and more
April 22, 2026
5 Comments
Summary and audio linked here.
Not one mention of pensions in the entire document. Here’s an article dated April 4, 2018 written by Raphael Janove, an associate at the Chicago law firm Eimer Stahl, titled, “The Takings Clause in Bankruptcy and How It Might Protect Illinois’ Creditors.” It’s on the Bloomberg BNA website. https://www.bna.com/takings-clause-bankruptcy-n57982090844 The article makes a distinction between pre-petition collateral and post-petition collateral. It identifies various bonds, bond funds, and bond securitization present in Illinois, such as Chicago Sales Tax Securitization Corporation (STSC), the General Obligation Bond Retirement and Interest Fund (GOBRI), the Build Illinois Bonds Retirement and Interest Fund (BIBRI), and some… Read more »