In what experts regard as a potentially serious conflict of interest, a union official who sits on the CTA’s pension board has been soliciting donations from financial firms doing business with the retirement fund.
Katie Drews
Posted inFollow-Up, Investigation, Newsroom
Gray Area
Gray & Co., the main adviser to the Metropolitan Water Reclamation District’s billion-dollar pension fund, is under SEC investigation. Should Chicago taxpayers be worried?
Posted inFollow-Up, Investigation, Newsroom
Track Record
A top investment adviser to CTA pension fund is facing troubling accusations, and an SEC probe, for out-of-state business dealings.
Posted inFollow-Up, Investigation
Hey Rig Spender
Suburban fire department claims tight finances – but spends freely on pricey fire trucks, meals and various perks.
Posted inFollow-Up, Investigation
Are Taxpayers Getting Burned?
Top officials at suburban fire department get hefty pay raises just as they retire – creating a pension windfall that could cost local residents an extra $1.5 million.
Posted inFollow-Up, Investigation, Newsroom
Hiding in Plain Sight: Local Cops Use ‘Stop-and-Frisk’
Unlike other area suburbs, Evanston police announce utilizing controversial tactic, a BGA Rescuing Illinois investigation finds.
Posted inFollow-Up, Investigation
Burnham Bombshell
Federal agents raid village hall of tiny south suburb as one official resigns, BGA probes alleged financial irregularities.
Posted inFollow-Up, Investigation
A Burning Conflict
Fire district trustee votes on fire chief’s pay, benefits. Only problem: they live together.
Posted inFollow-Up, Investigation, Newsroom
Gov. Quinn Chops Away At Bloated State Panels
Will issue Executive Order to cut 75 redundant and expensive boards and commissions.