3 ms·
I remember when this stunt was pulled. It was loudly reported on all sides an obvious fleece for a quick buck. No one in the city supported this except Daley an
by jonathankoren 3y ago
I remember when this stunt was pulled. It was loudly reported on all sides an obvious fleece for a quick buck. No one in the city supported this except Daley and the aldermen. Daley avoided having to actually deal with a budget shortfall, and then got a job with the firm that negotiated the deal.
As for “normal returns”, it was sold well below value, and the whole enterprise is literally just rent seeking.