It's been five years to the day since FBI agents arrived at then Governor Rod Blagojevich's house to arrest him on charges of corruption. Blagojevich is serving a 14-year prison sentence, and for most Illinois politicians it's good riddance. Amanda Vinicky reports.
Fresh off the General Assembly's passing a law to overhaul the state's pensions, I had the chance to catch up with House Speaker Michael Madigan:
VINICKY: "It's the five year anniversary of Blagojevich's arrest coming up ... any reaction, any ...
The bank JPMorgan Chase will pay Illinois' pension funds $100 million under a national settlement announced Tuesday. The payment is a result of the bank's misconduct leading up to the Great Recession.
Like a lot of investors in the last decade, Illinois' pension funds had a good chunk of change in mortgage-backed securities. Once the housing market collapsed and homeowners began defaulting, the value of those securities collapsed, too.
Bill Daley attended a Democratic County Chairmen Association breakfast this summer during his brief campaign for governor. Following his speech, Daley said that if Democrats again nominate Gov. Pat Quinn, Republicans will win in the general election.
Attorney General Lisa Madigan beat her last opponent by more than a million votes. Her decision to run for re-election next year scared away most of the people who'd been eyeing her job. But at least one Republican is throwing his hat in the ring.