After more than a year of reporting from ProPublica Illinois and WBEZ, the mayor announced ticketing changes and said she would support legislation to change state law — beginning to make good on a campaign promise.
They may have little name recognition and no campaign funds, but the regular people running for mayor are committed to making the city thrive.
The release of a debut graphic novel has been delayed by its shipper’s bankruptcy.
The schools get poorer, the lenders get richer, and your taxes go up—thanks to Rahm’s new $725 million loan and a few choice words from Governor Rauner.
How retired CPS teacher Judy Dever got ripped off of a cruise when Symphonic Voyages went bankrupt
Borders closing Chicago-area stores
Some of the provisions in the Tribune Company’s reorganization plan shouldn’t be surprising at this point… but are.
Bankrupt media company Tribune Co. can pay about $45 million in bonuses to hundreds of managers, the largest such payment in at least 12 years, after a judge overruled union objections on Wednesday. To prevent “demoralizing key employees.”
Two NYT stories, same old BS:
Sam Zell’s clever tax manipulations
I wanted to be able to explain this to you, but, um, I have no clue why Lehman Brothers is trying to dun CPS for $1.2 million. The WSJ has CPS’s filing in the case.
[You will have to forgive me for what may seem at this point like obsessive inside-baseball theorizing about what is, technically, history. But I think it’s kind of an interesting point, especially since media and debt are important subjects to me and, I would argue, to you as well.] In comments yesterday, my colleague Philip […]
Atalaya wins. More to follow. Here’s the new management. *FWIW, I’m totally ignorant of bankruptcy law, so I don’t know what would happen in the event of appeal, if one should happen. Update: I’m told that an appeal is impossible, so it’s actually over. Ben Eason “said he’s ready to launch a new Web-only community […]
And we’re off! Creative Loafing Atlanta‘s Thomas Wheatley (whose AAN-award-winning cover story about alcoholism and sobriety is a must-read) is on the scene, and reports that Ben Eason’s opening $2.3 million bid is not facially incomprehensible.
Today’s auction day! Read Michael Miner’s big news about our potential new ownership. I also learned a neat new phrase in this process, facially incomprehensible. I’m just going to listen to this all day and find a nice wall to stare at update if I hear anything: