Incredible Chicago Tribune Exposé on Former Mayor Rich Daley’s Pension Deal
The city of Chicago is near insolvency. City workers are bracing for pay and benefit cuts. And Rich Daley, the former mayor who had his behind kissed by the powerful in this town and by much of the media for two decades, has an inside deal that should make sane people sick to their stomachs:
An eventual pension of more than $180,000 for life, according to a Tribune/WGN-TV investigation.
Daley did it on the sneak, our reporters found....
Read it all.
Filed under: * Culture-Watch • Urban/City Life and Issues • * Economics, Politics • Economy • Personal Finance • Pensions • Politics in General • City Government
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Posted May 3, 2012 at 6:12 am
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