Entries tagged "Blagejovich"
Illinois Governor Rod Blagejovich and his Chief of Staff John Harris were indicted on charges of corruption. There were a few deal angles in the news given the involvement of bankrupt Tribune Co. and some anti-deal activists, leading the financial media to jump on what usually would be a political beat like Custerstock alleging that Rahm Emanuel may have helped the government. It also led to some political reporters treading in the world of financial journalism like Politico's Ben Smith, who suggests Warren Buffett may have been an unnamed participant. Despite being arrested Tuesday, Blagejovich still pulled one out for...
Earlier Dealscape noted Illinois Governor Rod Blagojevich and his Chief of Staff John Harris may have meddled in Tribune Co.'s auction of the Chicago Cubs and Wrigley Field. However, also buried in the Department of Justice's charges against him is an alleged attempt to corrupt anti-deal activists, the Service Employees International Union, which during the height of the private equity boom protested leveraged buyouts, and the affiliated Change to Win movement, which takes activist shareholder positions on behalf of union pensions. ...
A day after Sam Zell's Tribune Co. filed for Chapter 11 bankruptcy protection, the Federal Bureau of Investigation arrested Illinois Governor Rod Blagojevich and Chief of Staff John Harris on charges of corruption, alleging that, among other transgressions, they meddled with Tribune's troubled businesses, including the auction of the Chicago Cubs....
