Visit our Filed page for categories. To browse by specific topic, see our Inside page. For a list of companies covered on this site, visit our Companies page.
Illinois politicians are reviewing whether to follow in California’s footsteps by forcing its bond underwriters to disclose what credit derivatives they have entered into on the state’s debt.
Staff members working for Illinois House of Representatives Speaker Michael Madigan reached out to California officials on Wednesday for information about how the Golden State has gone about improving disclosures relating to credit default swaps on its own state debt. Get the full story »
By Kathy Bergen
and Ray Long
| SPRINGFIELD—Speaker Michael Madigan today easily pushed through the House a measure to study how to improve the financial position and efficiency of the agency overseeing McCormick Place and Navy Pier.
The measure, which sets up a legislative panel to come up with recommendations by April 30 on how to make McPier profitable, went to the Senate on a 113-0 vote.
