That’s pretty much the question being asked by International Business Newspaper reporter Matthew Cunningham-Cook today. Here’s a paragraph and a half that hints at the questionable deal: The decision to retain Grosvenor and transfer more state [Teachers’ Retirement System] pension … Continue reading
Category Archives: Investment
Saturday, I extracted the loses of McHenry County tax districts from the front page article in Sunday’s Chicago Tribune. As I was reminded by Pete Gonigam of The First Electric Newspaper, I missed Algonquin. His article from December 10, 2014, … Continue reading
The Chicago Tribune is reporting (not posted on the internet yet) that dozens of local tax districts lost millions by putting spare money in a pooled investment fund. Locally, four municipalities and one fire protection district took financial hits. The … Continue reading
The Chicago Tribune dipped into what some call the “Buy a Visa” program on its front page Sunday. At one time, the McHenry County SportsPlex was the featured project. There was no mention of the Lakewood, Illinois, property on which … Continue reading