The Watchdogs over at the Chicago Sun-Times are at it again, bringing to light in their latest report that former Mayor Richard Daley’s son Patrick Daley profited from a 2006 deal that brought Wi-Fi to O’Hare Airport. The report shows that claims from the Daley administration that Patrick had no financial stake in the transaction were bogus.
As a cynical friend commented to me this morning after I read her the headline, “The windfalls of corruption continue to blow,” in Chicago.
Here’s an expert from the article
“For years, City Hall maintained that Mayor Richard M. Daley’s son, Patrick Daley, had no financial stake in the deal that brought wireless Internet service to city-owned O’Hare Airport and Midway Airport.
But it turns out that the younger Daley still reaped a windfall of $708,999 when Concourse Communications was sold in 2006, less than a year after the Chicago company signed the multimillion-dollar Wi-Fi contract with his father’s administration, company documents obtained by the Chicago Sun-Times show.”
Patrick served as a “middleman who lined up investors for concourse” according to the Sun-Times. The paper reported that he received several payments following completion of the deal. Shortly after the last of those payments, a Daley press secretary claimed that Patrick “has no financial interest with the Wi-Fi contract at O’Hare.”
An apparent lie.
I have a feeling local journalists will be digging many more skeletons out of Daley’s closet as the years pass.
Read the full story here.
As a cynical friend commented to me this morning after I read her the headline, “The windfalls of corruption continue to blow,” in Chicago.
Here’s an expert from the article
“For years, City Hall maintained that Mayor Richard M. Daley’s son, Patrick Daley, had no financial stake in the deal that brought wireless Internet service to city-owned O’Hare Airport and Midway Airport.
But it turns out that the younger Daley still reaped a windfall of $708,999 when Concourse Communications was sold in 2006, less than a year after the Chicago company signed the multimillion-dollar Wi-Fi contract with his father’s administration, company documents obtained by the Chicago Sun-Times show.”
Patrick served as a “middleman who lined up investors for concourse” according to the Sun-Times. The paper reported that he received several payments following completion of the deal. Shortly after the last of those payments, a Daley press secretary claimed that Patrick “has no financial interest with the Wi-Fi contract at O’Hare.”
An apparent lie.
I have a feeling local journalists will be digging many more skeletons out of Daley’s closet as the years pass.
Read the full story here.
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