from Crain's Chicago Business today:
Madigan backs state guarantee for OlympicsBy Brandon Glenn
April 12, 2007
(Crain’s) — "Illinois House Speaker Michael Madigan supports the governor’s proposal to provide a $150-million state guarantee that could be used if the 2016 Olympics lose money." ....
"In his own letter, Mr. Madigan said he “will use all my efforts” to see that the General Assembly passes the governor’s proposal before the end of its session in May.
The city of Chicago has already pledged $500 million in guarantees in the event of an operating loss from the Olympics. ".....
for complete story see: http://chicagobusiness.com/cgi-bin/news.pl?id=24576
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