County hires firm employing Daley nephew - Chicago Sun-Times
Morgan Stanley, the New York financial giant that employs one of Mayor Daley’s nephews, has been picked to help the Cook County Board borrow $150 million to get by until the county’s 1 percent sales-tax increase starts flowing into the treasury.
It’s the first deal between the county and Morgan Stanley since the company hired William Daley Jr. — a nephew of the mayor and Cook County Commissioner John Daley — to help win business.
The more things change the more they stay the same. Daley clout isn’t the only problem here though.
He accompanied William Mack, who is the senior manager for Morgan Stanley. He was there in a junior position.”
Mack was a longtime aide to imprisoned former Gov. George Ryan. Five years ago, Mack, granted immunity from prosecution, testified about directing other state employees to shred documents that Ryan and his campaign manager Scott Fawell feared could be seized by federal agents. Mack’s testimony helped send Fawell to prison.
Gotta love the privileges of immunity when exposing government corruption. Todd Stroger, endorsed by Barack Obama, gives business to two guys that came to visit him. One guy admitted to ordering the shredding of evidence to protect himself and George Ryan, and the other guy is the nephew of the Mayor and his brother John on the Cook County Board.
Somebody is going to make a lot of money off the taxpayers with this $150 million loan. Looks like they are connected.