Friday, March 20, 2009

Investigating the Pension

  • City Hall's inspector general has begun investigating how at least three city pension funds came to make investments with a firm co-owned by a nephew of Mayor Richard Daley, the Tribune has learned.

    The office of Inspector General David Hoffman has subpoenaed records from the pension funds dealing with their investments of tens of millions of dollars in DV Urban Realty Partners, a real estate investment firm formed by a top Daley ally, Allison Davis, and Daley nephew Robert Vanecko.

    The inspector general requested records on those investments from the funds for municipal employees, police and laborers, according to a source. The pension funds have paid the investment group hundreds of thousands of dollars in management or consulting fees.

And frightening:
  • Police pension fund executive director John Gallagher said that DV Urban Realty so far had drawn $5 million on the fund's original $15 million commitment; as of the end of last year, that $5 million investment was valued at $3.5 million. He declined further comment.
So the investment has already tanked 30%. Good job Gallagher. Was that your secretary who's tuition we were paying? What else are you spending money on? Because it certainly isn't professional investment managers.

Labels:

119 Comments:

Anonymous Anonymous said...

Mike Gallagher will fix it....

3/20/2009 12:07:00 AM  
Anonymous Anonymous said...

Everything Shortshanks touches turns to shit !!!!!!!

Daley and his thieving pals need to be run out of Chicago, after a good old fashioned tar & feathering.

I sure hope the the G is working on putting these blood suckers away where all they get is three hots & a cot !

3/20/2009 12:24:00 AM  
Anonymous Anonymous said...

Why oh Why oh Why Can't someone competent other than a Mayor Daley inspector general look into this? It's so easy to see. The media has got to be in Daley's pocket! This is so simple to investigate and they don't! The media investigates all kinds of silly shit, but they won't look into something so blatant? The mayor cries broke and then still wants the olympics? Heafty raises to the politicians? What the FUCK! How about fix the pension the mayor gave away? You want morale to get better? Well, maybe fix the screwing the police are getting under this corrupt mayor.

3/20/2009 12:25:00 AM  
Anonymous Anonymous said...

Come on media where are you guys? This is an easy one.

3/20/2009 12:29:00 AM  
Anonymous Anonymous said...

They just started now. How convienant, they surely discareded any and all evidence by now. Way to be on top of things. Daley probably just ok'd the investigation.

3/20/2009 12:31:00 AM  
Anonymous Anonymous said...

kudos to mike shields for kicking over some rocks at the pension board to expose the corruption that hoffman now can give to fitzgerald.

3/20/2009 12:40:00 AM  
Anonymous Anonymous said...

Without any federal asistance what can the IG really do?

3/20/2009 12:49:00 AM  
Anonymous Anonymous said...

Come on Feds, what the FUCK, you couldn't catch sand at the beach. All this shit going on constantly and you still after all these decades can't nail the source, who we all know is the main purveyor of this totally corrupt system here in Shit-cago? What are all of you retarded or what??????

3/20/2009 01:00:00 AM  
Anonymous Anonymous said...

Its over, take care of those close to you and prepare for a hard crash. Hopefully you have a mean dog lots ammo and a place in the sticks to go to. If not your fucked. Hows your pepsco you brilliant investors?

3/20/2009 01:15:00 AM  
Anonymous Anonymous said...

WHO CARES ABOUT THE PENSION I WANT MY M16 AND TAHOE.

3/20/2009 01:18:00 AM  
Blogger Cpdcoppurr said...

Go MIKE SHIELDS!!!!!!!!!!!!!!!!!!!!!!

3/20/2009 01:34:00 AM  
Anonymous Anonymous said...

Didn't Richie borrow $50 million out of our pension funds a few years ago, and only paid back $25 million of it? Am I remembering this wrong? If anyone knows what this was about, please post it.

3/20/2009 01:41:00 AM  
Anonymous Anonymous said...

B careful with the contract about the 55 years of age issue. Inside sorce has Daley and Obama talking about a National Health Care System in place by the end of 2010. What gains would we get if this happens? Vote no unless there is a gaurantee that we get back anything we lose due to the 55 issue. Be careful also about the 2013 issue about no medical for retirees after this date. Dont trust the king Donkey! He's tricky! Has many IOUs in his pocket. When the vote comes out don't mail them back. Vote in person your vote has a better chance of being counted.

3/20/2009 01:47:00 AM  
Anonymous Anonymous said...

OT: Has anyone else noticed that when the union lackey's talk about the contract they never mention a raise? You want to why? Because we are not going to get one.
These union yes men have sold us out to the City. There will be no raise, thank the union for not bargaining sooner and getting us a deal.

3/20/2009 02:37:00 AM  
Anonymous Anonymous said...

NICE NO PRIZE AT THE END!! WHAT BS HELLO FOP IF U DONT TAKE ACTION THEN LETS DE-CERTIFY U! WHERE IS THE PRESS CONFERENCE??????

3/20/2009 06:16:00 AM  
Anonymous Anonymous said...

FOP SHOULD PUBLICALY CONDEM THE RENTA COPS!! GOOD CITIZENS SHOULD OBEY THEM EITHER> THIS IS THE DEATHNELL OF THE CPD

3/20/2009 06:19:00 AM  
Anonymous Anonymous said...

Who is this Gallagher? Is he a cop? Is he a paid administrator who has pension experience? Is there a bio of him on a website?

3/20/2009 06:32:00 AM  
Anonymous Anonymous said...

This ought to go beyond the IG, this is something more for the US Attorney to look at.

I am sick to death of the Daley Crime Family treating everything in this city as if it is their personal slush fund and they are all entitled to wet their beaks. This city needs to be rid of the entire goddamn clan of fucking scum thieving liars, the Daleys, Vaneckos, all of them, out out out.

Goddamn maggot scum.

3/20/2009 07:09:00 AM  
Anonymous Anonymous said...

Been writing about this nonsense on this Blog for over a year. This is nothing. Wait until you find out about how the advisors are selected. Maybe a few free trips for the board members. I could go on and on about the CDOs, CMBS and the ilk.

3/20/2009 07:17:00 AM  
Anonymous Anonymous said...

Boy the IG better start looking for another job becuz da mayor aint gonna like this!

3/20/2009 07:41:00 AM  
Anonymous Anonymous said...

It took them this long to investigate this garbage?!

They should be investigated by the FEDS!

3/20/2009 07:56:00 AM  
Anonymous Anonymous said...

Don't worry, the fund will probably be broke in 10 to 15 years. I guess you'll have to go back to or stay at work. Save those uniform and duty availability checks.

3/20/2009 07:58:00 AM  
Anonymous Anonymous said...

I'm doing the math.....Hmmm...I say this investigation is a red herring. Daley is going for credibility, and knowing this will go nowhere, he gave the investigation the green light. He obviously knew his nephew was involved. I bet the trail that leads to him was long ago covered up. He's going to let the IG's punch themselves out on this one....
BTW....Get out ASAP! There wont likely be a full pension in our time.(read Soon!) Gov. Quinn is already attacking State employees pensions calling them "those with "Golden Retirement" packages" and vowing to do something about that to alleviate state budget problems. How much less do you think the city cares about you? Quinn is a lackey for Madigan. Dont vote either of these "Clowns" in again. That goes for Madigans daughter as well. Lets clean up Government, and vote out these elitist incumbents, and force them to retire......

3/20/2009 08:39:00 AM  
Anonymous Anonymous said...

Yet another investigation that will never touch Daley....why waste the federal governments time or the inspector general's time...this man has proven over and over that he is untouchable...and when they come up with something, other people take the fall...hopefully in the afterlife(if there is one)...he will pay for all the corruption and the blood of all the inocent people killed in Chicago because of a complete lack of regard for the citizens of this city.I just wonder how this evil man (Daley) sleeps at night....must be that he has no soul..

3/20/2009 08:43:00 AM  
Anonymous Anonymous said...

daley and his ilk have been stealing from every other source of funds the city has. why would it surprise you to find out they are stealing from pension funds?

3/20/2009 08:43:00 AM  
Anonymous Anonymous said...

Tell me again why I have to do ethics training and file an ethics statement?

3/20/2009 08:57:00 AM  
Anonymous Anonymous said...

Thank you Mike SHIELDS This has been going on for how long? With Hauser and the rest of the good old boys. I can not wait until we can vote again and get the slugs out. Thanks Shields!

3/20/2009 09:03:00 AM  
Anonymous Anonymous said...

Please. Daley appointed the IG. If anyone thinks the IG is really going to investigate the Daley corruption you're probably the same person that thinks we will get a fair contract from him before Christmas. Daley runs it! Daley can't be touched he is king of Illinois!

3/20/2009 09:29:00 AM  
Anonymous Anonymous said...

Perhaps we can find like minded representatives like Shields, rather than those that are bought off for the trips and junkets. It's time for Hauser to go, he rarely votes against the prevailing administration position.

3/20/2009 09:31:00 AM  
Anonymous Anonymous said...

I have an idea. I figured this is the site to ask if this would work. When making an arrest for drug possesion or distribution, the offender has to pay a $10,000.00 fine. Maybe it could go into the pension fund? Just one idea. Doesn't the DARE program claim money and property seized? If you buy drugs and are caught $20,000.00 fine. Unable to pay, stay in jail ( probably some sort of civil liberty being violated here ) Not just any jail, a work camp. Take away cars and homes as payment of fines as well.All of these long term undercover stings where the offenders are videotaped can be used as evidence. Can it be done?

3/20/2009 09:32:00 AM  
Anonymous Anonymous said...

Hey Fitzgerald are you reading this? And by the way Hoffman is a good guy and he has a lot of whack with washinton D.C., he used to clerk for Chief Judge Rehnquist. And that's all fact no joke.

Please Dave look into this and expose this goof you know he hates what you are doing.

3/20/2009 09:32:00 AM  
Anonymous hippy-dippy-1 said...

Many of you keep harping about the federal government getting involved. I am curious, just what federal laws are you talking about being violated?

3/20/2009 09:33:00 AM  
Anonymous Anonymous said...

lots of us have been harping about this issue.is our pension fund part of the general city/state funds? it should not be.our pension should be untouchable...the investigation...just follow the money. and follow it all the way

3/20/2009 09:47:00 AM  
Anonymous Anonymous said...

OT: Has anyone else noticed that when the union lackey's talk about the contract they never mention a raise? You want to why? Because we are not going to get one.
These union yes men have sold us out to the City. There will be no raise, thank the union for not bargaining sooner and getting us a deal.

Listen, we will get the same raise that was given to the other unions, 15%, mothing more, nothing less, is always the case.

3/20/2009 09:47:00 AM  
Anonymous Anonymous said...

Vanecko is a Capo in the Daley Crime Family.

3/20/2009 10:06:00 AM  
Anonymous John Q Takin' it in the Ass! said...

They can do whatever they want. It's their money. We gave it to them freely. Stop your petty bitching lemmings. Just grab your ankles and enjoy the ride.

3/20/2009 10:10:00 AM  
Anonymous Anonymous said...

Feds are not allowed to investigate Daley & his thieves. This is Chicago and Daley told them this was a no-no.

3/20/2009 10:25:00 AM  
Anonymous Anonymous said...

gee, I wonder why the appointed board members ignored the requests of our two elected members and ran this thru dispite their objections. Posibly all the appointed board members should have the feds investigate them.

3/20/2009 10:26:00 AM  
Anonymous Anonymous said...

Seems like the pension fund is in the news now that Mike Shields is there. Keep it up, brother.

3/20/2009 10:54:00 AM  
Anonymous Anonymous said...

When is this going to end? Isn't Vanecko the one that was is business with the Mayors son Patrick? The sewer contracting business where both made $700,000 from the city. Whats up with that investigation? Poof ! It's gone!!!

3/20/2009 10:56:00 AM  
Anonymous Anonymous said...

Been writing about this nonsense on this Blog for over a year. This is nothing. Wait until you find out about how the advisors are selected. Maybe a few free trips for the board members. I could go on and on about the CDOs, CMBS and the ilk.

3/20/2009 07:17:00 AM

Now is the time. Please go on and on. Tell us.

3/20/2009 10:56:00 AM  
Anonymous Anonymous said...

all entitled to wet their beaks...Hell these guys are soaking from head to toe!!!

3/20/2009 11:03:00 AM  
Anonymous Anonymous said...

What's pepsco? Pepsi stock is doing phenominal. Do you mean pebsco? It's NRS. Stock. Mutual Funds. You're dollar cost averaging, buying low now. You know what you can do with you're dog and ammo. Moron.

You sound like a typical redneck. You're education level never made it past 8th grade.

3/20/2009 11:10:00 AM  
Anonymous Anonymous said...

FEDS, quit sitting on your hands and DO SOMETHING ALREADY...

3/20/2009 11:22:00 AM  
Anonymous Anonymous said...

Off the topis: Can someone please tell me why 016 has a sgt with 7 yrs on the job not as a sgt and is detailed from midnites to days while they send a senior sgt from afternoon to midnites? Something not right! Fran must be up to her old tricks again!

3/20/2009 11:52:00 AM  
Anonymous nothing to see here said...

After their done investigating Gallagher and his firm. They will find no wrong doing and the smoke and mirror show will go on.

3/20/2009 12:36:00 PM  
Anonymous Anonymous said...

I wonder who is getting the political donations from the owners of the security company patrolling in the 005th dist. Is ald Beal trying to build a patronage army like the HDO by giving out security jobs to people doing political work for him. If beal gets someone a city job for doing political work it is illegal if beal gets the same guy a private job with a city contractor its legal. These alderman are just outsourcing patronage to build their own little HDO's

3/20/2009 01:10:00 PM  
Anonymous Anonymous said...

At the very least we have a new and seemingly competent patrolman rep. on the pension board in Mike Shields. Sergeant rep. Lazzaro seems like a nice guy but I think he is in way over his head! Doesn't seem like the brightest guy. I think the Sgt.s need a more capable rep. There has to be a sarge out there a little more in tune than Lazzaro. I don't mean to beat up on the guy, but damn it, he ain't too bright!!!!

3/20/2009 01:34:00 PM  
Anonymous Anonymous said...

Now we need to get the feds involved...might be a good way to finally catch this RAT

3/20/2009 01:41:00 PM  
Anonymous Anonymous said...

people let me tell you all something....(Active and Retired) WE NEED TO DO SOMETHING.....This is OUR FUND...WE NEED TO ACT...What the hell are we waiting for....to be broke when we retire??? Thats what will happen...Let's flood the FOP office with calls, Let's call the FBI, Let's call the National FOP, Let's call your Congressman, Make this a huge priority....What the hell is wrong with us if we sit back and do nothing??!! Let's protest...let's go to the mayors office and flood his chamber, halls etc....what will they do to us??? WE ARE THE FUCKING POLICE DAMN IT!!!!! WE PROTECT THIS FUCKING CITY AND WE ARE GETTING HURT MORE THAT THE SHITHEADS WE PROTECT!!! WHY???? We DEMAND answers!!! Let's get this started...let's get mobilized...they will NOT fire us...They CAN'T AFFORD to hire anyone!!! Let's be heard...Let's STRIKE!!! What will they do???? NOTHING>>>>THEY have No $$$$ Fuck the policy makers....we need to make a stand...we need to demand our safety....and we want it NOW!!! SCC I emplore you to NOT delete this message....instead make a thread and let's fight for what is OURS...the time has come and we have been kicked way to much....protect our future and protect our families...we work hard enough protecting everyone else and get shit on all the way...Let's do this!!

3/20/2009 01:50:00 PM  
Anonymous Anonymous said...

Mike Sheilds for FOP President!!!

Put an end to all the current FOP administration.

Stop the violence - - - start the peace.

I konw Sheilds won't yeild.

3/20/2009 02:00:00 PM  
Anonymous Anonymous said...

OT: Can someone please tell 1661 the female working days to please stay off the air. She sounds like a retard!!!!!!!

3/20/2009 02:19:00 PM  
Anonymous Anonymous said...

c'mon

its the CHICAGO ig looking into it.

nothing is gonna happen........

he's just making headlines to justify his job.

smoke and mirrors people

3/20/2009 02:34:00 PM  
Anonymous Anonymous said...

The Tribune put that story on the BACK PAGE of section 1. Get your filthy sausage fingers out of our pension!

3/20/2009 02:50:00 PM  
Anonymous Anonymous said...

Let's face the sad facts. Daley is untouchable. Under his buddy Obama, the Justice Dept. will let Shortshanks get away with bloody murder, not to mention untold millions in graft. May as well pull the plug.

The 1st and the 16th. Back up your blue brothers and sisters on 10-1s. If you're young enough for a career change, get out as soon as possible. If you're vested, count the days and pray there still is a pension. It's hopeless.

Recruiting of new officers is a catch 22. If any capable persons wanted to take this ungrateful, miserable job, they should be disqualified on psychological grounds.

The job was dead in the water even before J-Fraud got here. If the public and the media don't care about the corruption at the top, why should we give a rat's ass?

All we've got is ourselves. May the Lord have a special place in Hell for Daley and all his hack thieves. The sooner the better.

Stay safe and go home to your loved ones.

3/20/2009 03:20:00 PM  
Anonymous Anonymous said...

RIP Cameron

3/20/2009 03:36:00 PM  
Anonymous Anonymous said...

Second hand word about a possible cpd male in a pickup vs. motorcycle @ Touhy & Oriole

3/20/2009 03:48:00 PM  
Anonymous Anonymous said...

I thought Mike Shields was going to take on Daley and all the corruption when I voted for him. He told us that at roll call, just another BS'er like all the rest of em.

3/20/2009 03:50:00 PM  
Anonymous Anonymous said...

Sgt.s need a more capable rep. There has to be a sarge out there a little more in tune than Lazzaro. I don't mean to beat up on the guy, but damn it, he ain't too bright!!!!

REALLY? YOU CAN GAUGE SOMEONE'S INTELLIGENCE BASED ON WHAT?
LAZZARO IS LOW-KEY BUT VERY KNOWLEDGABLE AS WELL AS FAIR MINDED.
PERHAPS YOU CAN WORKING ON REPLACING HIM & YOU CAN SHOWCASE YOUR BRILLIANCE,YOU ARROGANT SACK OF SHIT!!

3/20/2009 03:55:00 PM  
Anonymous Anonymous said...

when will the feds put the cuffs on this greasy p o s mayor, his wife, kid , and brothers,motherf!@#@$#@#k them all.

3/20/2009 04:42:00 PM  
Anonymous Anonymous said...

Fran, I told you to keep your mouth shut and go along with the program. Now cut it out!

3/20/2009 04:42:00 PM  
Anonymous Anonymous said...

Once again Da Mayor is the inside guy to the Feebs! He will never be touched only the inbred family members will fall!

3/20/2009 05:25:00 PM  
Anonymous Anonymous said...

I never met Mike Shields...I saw him on TV...I was impressed. I thought...this kid has some balls. Mike if you are reading this...you are young...you got the stage...go for broke...you have our attention and our support. Do the right thing and keep uncovering all the years of bullshit that have been hidden from us. Don't stop til the last son of a bitch falls!!!!

3/20/2009 05:45:00 PM  
Anonymous Anonymous said...

"You sound like a typical redneck. You're education level never made it past 8th grade.

3/20/2009 11:10:00 AM"


Yeah, but he can thread a needle at 300 yards.

3/20/2009 05:49:00 PM  
Anonymous Anonymous said...

Anonymous said...
Who is this Gallagher? Is he a cop? Is he a paid administrator who has pension experience? Is there a bio of him on a website?

3/20/2009 06:32:00 AM


Who is asking?

I'm a police officer and I know who he is, you obviously are not a police officer so you don't need to know.

3/20/2009 05:55:00 PM  
Anonymous Anonymous said...

Anonymous said...
Who is this Gallagher? Is he a cop? Is he a paid administrator who has pension experience? Is there a bio of him on a website?

3/20/2009 06:32:00 AM


You sound like a reporter, do some legwork.

3/20/2009 05:59:00 PM  
Anonymous Anonymous said...

hippy-dippy-1 said...
Many of you keep harping about the federal government getting involved. I am curious, just what federal laws are you talking about being violated?

3/20/2009 09:33:00 AM


FRAUD, THEFT, on a grand scale.

3/20/2009 06:00:00 PM  
Anonymous Old Grey Guy said...

Pam Zeckman, Fran Spielman, Frank Main, Dave Savini, Chuck Goudy, et al you are nothing but a bunch of balless capons. Not a one of you has the nerve to tackle as obvious a con job as this is. I look forward to the day I see any one of you in public so I can call you exactly what you are. SHow some courage - show some hutzpah - show us you are real journalists and not a bunch of Daley apologists.

3/20/2009 06:14:00 PM  
Anonymous Anonymous said...

I met this Inspector General once,a few years back, and he actually seemed like a good, honest guy. I hope my initial impression was a correct one and that the guy does the right thing here...

3/20/2009 06:15:00 PM  
Anonymous Anonymous said...

The Feds don't give a shit about us. Just look at the fool they sent us as a boss. Anyone who actually thinks the FeeBees give a damm about you is kidding themselves. Jody, Brust, Daly, Klimas could care less because it isn't thier dime that's being pissed away down the Daley drain. Screw You Mayor - Screw You Mayors Nephew - Screw you Mayors free loading wife - screw every single member of the Daley clan.

3/20/2009 06:23:00 PM  
Anonymous Anonymous said...

Anonymous said...
This ought to go beyond the IG, this is something more for the US Attorney to look at.

"I am sick to death of the Daley Crime Family treating everything in this city as if it is their personal slush fund and they are all entitled to wet their beaks. This city needs to be rid of the entire goddamn clan of fucking scum thieving liars, the Daleys, Vaneckos, all of them, out out out.

Goddamn maggot scum.

3/20/2009 07:09:00 AM"

I mirror your sentiments to a tee.

We need to rid the City of this scum that calls itself our Goverment. The shame is that the Feds know whats going on and they won't act on it. WHY ?????

The Chicago Press Community just goes along what Daley tells them it's ok to publish.

God help us, we're FUCKED !!!!!!

3/20/2009 06:24:00 PM  
Anonymous Anonymous said...

I am the person who has been writing about this for well over a year.
Ask the trustees how many business trips they have had to Vegas, etc that were "meetings" with "advisors"?
Go ahead and ask.
Some of the advisors poured our money into Collateralized Debt Obligations, Credit Default Swaps ( AIG has made them famous) and Collateralized Mortgage Back Securities. All of these will probably turn out worth 10 or 20 cents on the dollar.
This is without the political nonsense about the Mayor's favorite investments.
Can you imagine investing 300 million and end up with 30 or 40 million? I would not hazard a guess.


old retired guy

3/20/2009 06:35:00 PM  
Anonymous Anonymous said...

The IG has turned to the Feds in several of the cases coming out of the Department of Buildings. I know of a few cases where former plumbing inspectors are doing fed time when caught by the IG's office.

Vanecko and Allison Davis have ongoing Federal problems regarding their management of HUD property in the 18th District.

3/20/2009 06:41:00 PM  
Anonymous Anonymous said...

RIP C.K.

3/20/2009 07:08:00 PM  
Anonymous Anonymous said...

Off subject: Mary Ann Ahern on Channel 11, Chicago Tonight scabbing for the superintendent saying the CPD should accept J-fed he is here. Her fat ass forgot to mention that she is married to a useless want to be cop not good enough for the FBI or Dea, Tom Ahern, ATF, the child murderers..

3/20/2009 07:15:00 PM  
Anonymous Anonymous said...

Private security patrols help police according to alderman. I wonder if these same alderman would welcome the Minutemen to help ICE. Why is Jfed, mister law an order not going after illegals. He only blames the 2nd amendment for crime. This is the truth.

3/20/2009 07:25:00 PM  
Anonymous Anonymous said...

Can I get an event number for scratching my nuts? Please fellow PO's, stop taking up air time with this event#B.S.

3/20/2009 08:09:00 PM  
Anonymous Anonymous said...

New York had its Teflon Don & Chicago has its Teflon Dick. NY put theirs away. Chicago is letting theirs continue with immunity, Doesn't sound right?
stay safe out there

3/20/2009 08:22:00 PM  
Anonymous Anonymous said...

Hey, hasn't anyone noticed the City has taken their puny monetary contract offer off the table?

This is true.

The City sent a letter to FOP, as spoken by Mark Donahue at the last meeting, stating that the City could not honor the monetary offer made to the FOP in 2007.

The offer was for 16.1% over 5 years. Now rescinded and taken off the table.

That should be the second most important revelation taken out of the meeting of 17Mar09, after the vote of No Confidence.

That also should give all officers an idea of what the FOP is up against in their current battle with the City of Chicago for a fair contract.

And to all those who now decry the FOP not grabbing that offer, please remember some of the posts at that time. They were overwhelmingly things like "they can take that shit paltry offer and shove it up their ass."

This might get nasty and take a long time.

And to those officers who currently, shall we say, are not performing up to their former level of efficiency, prepare for the department to start disciplining officers who are performing substantially below the "norm" or "average" performance level of the watch.

This is real and it is coming. Prepare yourselves.

3/20/2009 08:28:00 PM  
Anonymous Anonymous said...

You're right. Mike Lazarro is not the brightest representative the sergeants could have. He did give out the best pens, though.

3/20/2009 08:47:00 PM  
Anonymous Anonymous said...

I'd have to say that the combination of the printed testimony of the Sanchez/HDO corruption trial, the recent vote of "no confidence" against the Mayor's choice (and a horrible one) of Police Supt., and the ongoing Inspector General investigation of our Pension fund spell doom for Daley's future here.
We should band together and keep the heat on Shortshanks, who has shamelessly sold this City to the highest bidder and placed numerous civilian cronies in place within the CPD (Weis, Masters, O'Keefe, Shear, along with some real winners from the sworn ranks, Peterson, Jackson, Cuello, and who can forget "Rambo" Ray Hamilton) that have combined to generate absolute zero in positive morale. I can't even fathom Shortshanks running again for reelection; if he chooses to again, and wins, then the citizens of Shitcago are truly blind...

3/20/2009 09:04:00 PM  
Anonymous Anonymous said...

Holy shit, Mark Donahue is on Gerrard McClendon right now talking about rent-a-cops. At least he is saying we are short handed out there... I must be bored I'm actually watching this crap.

3/20/2009 09:34:00 PM  
Anonymous Anonymous said...

Off Topic: The 23rd District Tact Unit regrets to announce that PO Cameron KARSHNA was killed 20 Mar 09 in a fatal traffic crash. Cameron served in the unit over 4 years. He was presently IOD from injuries sustained from fighting with a prisoner in the tact office and was returning home from rehab when the tragedy occurred. The Tact Unit would like to express sincere thanks to the 16th District, the CFD, the Niles PD & FD and the staff of Lutheren General Hosp. who showed such great care and compassion in handling this incident. God Bless you all.
Robert H. Stasch
Tactical Lieutenant
23rd Distirct

3/20/2009 09:36:00 PM  
Anonymous Anonymous said...

Off topic ~ did an off duty officer die in a motorcycle accident today?

3/20/2009 09:36:00 PM  
Anonymous Anonymous said...

Hey SCC - there was a fatal car vs motorcycle crash in 016 at Touhy and Oleander this afternoon. The victim was a tac copper from 023. Any info?

3/20/2009 09:45:00 PM  
Anonymous Anonymous said...

The City Hall Inspector General Investigating? HA HA. Sorry but I think the US Attorney's Office should be handling this. City Hall Inspector General Investigating. I believe thay is either an oxymoron or the term City Hall Inspector General is a long euphimisim.

3/20/2009 09:46:00 PM  
Anonymous Anonymous said...

Take all your money and buy gold and plenty of ammo and get ready for the party, it's comming.

3/20/2009 09:55:00 PM  
Anonymous Anonymous said...

Off topic but needs to be said. WHY do Commanding Officers and a Sgt. Need a take home car from the Academy. Ruthie talks about P/o's plugging in a refrigerator as theft from the city but THIS is ok? I hear Ruthie is in WAY over her merit head.

3/20/2009 10:10:00 PM  
Anonymous Anonymous said...

"Police pension fund executive director John Gallagher said that DV Urban Realty so far had drawn $5 million on the fund's original $15 million commitment; as of the end of last year, that $5 million investment was valued at $3.5 million."

Outfits with names like "DV Urban Realty Partners" are the motherfuckers who triggered Depression II. Who did you think it was, the Boy Scouts?

"He declined further comment."

Yeah, we know.

3/20/2009 10:22:00 PM  
Anonymous Anonymous said...

R.I.P. PO Cameron Karshna 023 tact, killed in a motorcyle crash only blocks from his home Friday afternoon. Deepest sympathy to his family and thanks to Father Tom for your support. Godspeed Cam
TG

3/20/2009 10:26:00 PM  
Blogger NorthSide said...

I'd cast my lot with Mike Shields as the first faint glimmer of light at the end of a very long tunnel of corruption and despair.

He cannot do it without your support. The city regards Michael as "a loose cannon" (I can relate, Mike).

He knows that the city's diabolical thieving bastards will make tempting overtures just to shut him up. You can never underestimate the treachery of da Mare and his sycophants.

Be as relentless as a pit bull, kid. You cannot put a price on your sacred honor. Make us proud of you, Mike! You've already hit the ground running.

3/20/2009 10:36:00 PM  
Anonymous Anonymous said...

Anonymous said...
At the very least we have a new and seemingly competent patrolman rep. on the pension board in Mike Shields. Sergeant rep. Lazzaro seems like a nice guy but I think he is in way over his head! Doesn't seem like the brightest guy. I think the Sgt.s need a more capable rep. There has to be a sarge out there a little more in tune than Lazzaro. I don't mean to beat up on the guy, but damn it, he ain't too bright!!!!

3/20/2009 01:34:00 PM
------
Then get another guy to run and vote him in.

3/20/2009 11:06:00 PM  
Anonymous Anonymous said...

Anonymous said...
I have an idea. I figured this is the site to ask if this would work. When making an arrest for drug possesion or distribution, the offender has to pay a $10,000.00 fine. Maybe it could go into the pension fund? Just one idea. Doesn't the DARE program claim money and property seized? If you buy drugs and are caught $20,000.00 fine. Unable to pay, stay in jail ( probably some sort of civil liberty being violated here ) Not just any jail, a work camp. Take away cars and homes as payment of fines as well.All of these long term undercover stings where the offenders are videotaped can be used as evidence. Can it be done?

3/20/2009 09:32:00 AM
-------
There are laws governing where it can go and how much each jurisdiction involved in a seizure gets. Supposedly it has to be used for crime/drug fighting.

3/20/2009 11:07:00 PM  
Anonymous Anonymous said...

Anonymous said...
Off topic but needs to be said. WHY do Commanding Officers and a Sgt. Need a take home car from the Academy. Ruthie talks about P/o's plugging in a refrigerator as theft from the city but THIS is ok? I hear Ruthie is in WAY over her merit head.
3/20/2009 10:10:00 PM
###############################
Hey Ruth,
you got a fridge and microwave in your office = you be the first to give the money back to the city, then maybe we might respect you and your bs rules.

Also, if you are so worried about theft of city money for fridges and microwaves how about you look into the theft of thousands of dollars by your admin. mgr. A.C-H?
She's been stealing from the city for years.

3/20/2009 11:12:00 PM  
Anonymous Anonymous said...

RIP Cameron Karshna...Class 03-02B

Please post wake/funeral details when they become available.

3/21/2009 12:01:00 AM  
Anonymous Anonymous said...

Mike Shields was all over television, Youtube and this very blog when he was running for office.

Now that we elected him to office where is he? What is Mike Shields doing to fix the pension mess?

Why doesn't Shields call a news conference and call the Mayor out like he said he would do if elected?

Stop being another mouth and standup and do something, we elected you.

3/21/2009 12:40:00 AM  
Anonymous Anonymous said...

Many of you keep harping about the federal government getting involved. I am curious, just what federal laws are you talking about being violated?

3/20/2009 09:33:00 AM

None wright? Maybe you should do a deceptive practice report since it is a minor incident and the "locals" can handle it.

3/21/2009 01:20:00 AM  
Anonymous Anonymous said...

Anonymous Anonymous said...

OT: Has anyone else noticed that when the union lackey's talk about the contract they never mention a raise? You want to why? Because we are not going to get one.
These union yes men have sold us out to the City. There will be no raise, thank the union for not bargaining sooner and getting us a deal.

Listen, we will get the same raise that was given to the other unions, 15%, mothing more, nothing less, is always the case.

3/20/2009 09:47:00 AM
You are so wrong we will be lucky to get 9 percent for four years. Look around you 15 percent is a pipe dream nothing more nothing less.

3/21/2009 02:03:00 AM  
Anonymous Anonymous said...

Anonymous said...
Can I get an event number for scratching my nuts? Please fellow PO's, stop taking up air time with this event#B.S.

3/20/2009 08:09:00 PM


The bosses attach importance to it. Our Field Lt does it all the time so he looks like he is very busy and on top of things when he goes to his gin mill for brunch.

EV#s are an easier way of looking busy than actually doing something. Given the way we are treated by Shortshanks and Jody EV#'s are about all they will get out of me. Smoke and mirrors and little or no revenue producing activity.

Fuck Shortshanks, fuck Jody. I don't think we will be getting a contract any time soon.

If you think morale is in the dumper now, just wait.

3/21/2009 06:06:00 AM  
Anonymous Anonymous said...

"Can I get an event number for scratching my nuts?"


Why, yes, yes you can.

Because:

"The bosses attach importance to it. Our Field Lt does it all the time..."

3/21/2009 07:13:00 AM  
Anonymous Anonymous said...

Anonymous said...
I have an idea. I figured this is the site to ask if this would work. When making an arrest for drug possesion or distribution, the offender has to pay a $10,000.00 fine. Maybe it could go into the pension fund? Just one idea. Doesn't the DARE program claim money and property seized? If you buy drugs and are caught $20,000.00 fine. Unable to pay, stay in jail ( probably some sort of civil liberty being violated here ) Not just any jail, a work camp. Take away cars and homes as payment of fines as well.All of these long term undercover stings where the offenders are videotaped can be used as evidence. Can it be done?

3/20/2009 09:32:00 AM
-------
There are laws governing where it can go and how much each jurisdiction involved in a seizure gets. Supposedly it has to be used for crime/drug fighting.

3/20/2009 11:07:00 PM

So how about vests for all, squad cars, guns, computers etc.....you know the things we should get to fight crime.

3/21/2009 07:50:00 AM  
Anonymous Anonymous said...

To 3/20/2009 02:19:00 PM


1661 only works days?

3/21/2009 07:53:00 AM  
Anonymous HATER said...

WHY THE FED?

THEY ARE LOCATED IN CHICAGO?

HOW ABOUT THE FINACIAL CRIMES UNIT!

LET ME GUESS IT DOESNT INVOLVE ANY OF THE MAYORS FRIENDS.

OR HOW ABOUT THIS ONE IT ONLY INVOLVES A FEW HUNDREDS OF MILLIONS OF DOLLARS...

IF THAT UNIT CANT WATCH OUT 4 ITS OWN MEMBERS MAY BE THAT UNIT SHOULD BE CUT AND SENT TO DO THEFT JOBS AT THE AREA.

SOMETIMES WE HAVE TO TAKE CARE OF R SELVES.

U DO NOTICE THAT WHEN AN OFFICER IS FOUND TO B A BAD GUY IAD HAS ALL SORT OF HELP THE STATES ATTORNEYS OFFICE, THE FBI, THE STATE POLICE AND THE IRS.

BUT WHEN POLICE NEED HELP ALL WE CAN DO IS TYPE ON A PUTER AND BEG 4 SPEILMAN TO RIGHT AN ARTICLE OR THE FEDS TO SAVE THE DAY.

SOOOOOOO ANY ONE ON THE BOARD WANT TO GENERATE A CASE REPORT AND GET THE BALL ROLLING.

THEFT BY DECEPTION!?!

3/21/2009 08:06:00 AM  
Anonymous Anonymous said...

2008 Pension Fund booklet ?? Usually published by now. I wonder why.

3/21/2009 08:34:00 AM  
Anonymous Anonymous said...

"You're education level never made it past 8th grade."


And you skipped spelling or English class:

"Your" not "you're".

People in glass houses...

3/21/2009 08:52:00 AM  
Anonymous Anonymous said...

01:47 is correct: The 55/Medical insurance issue is a throwaway bargaining chip for the city. Daley anticipates socialized medicine by the end of B.H.Obama's(Peace be Upon Him) first term.

3/21/2009 09:23:00 AM  
Anonymous Anonymous said...

Why doesn't Shields call a news conference and call the Mayor out like he said he would do if elected?
______________________

Why doesn't this pussy cop get off his dead ass, quit blaming others on an anonymous blog, and show up to a pension board meeting or an fop meeting.
Blame this guy, blame that guy, while you hide and do nothing. No. Let's quit moaning amongst ourselves and show up to these board meetings and show our support. IT EXACTLY WHAT THE CITY DOESN'T WANT US TO DO.

3/21/2009 09:26:00 AM  
Anonymous Anonymous said...

Off subject: Mary Ann Ahern on Channel 11, Chicago Tonight scabbing for the superintendent saying the CPD should accept J-fed he is here. Her fat ass forgot to mention that she is married to a useless want to be cop not good enough for the FBI or Dea, Tom Ahern, ATF, the child murderers..

3/20/2009 07:15:00

I heard some of the sound bites of this ignorant clueless woman some of which told us the CPD quit our whining and that Jody isnt goin anywhere so deal with it! I believe the interview was on Chicago Tonight, channel 11. Has anyone watched this?

3/21/2009 09:54:00 AM  
Anonymous Anonymous said...

related topic- now the credit unions start to fall...

http://money.aol.com/news/articles/_a/bbdp/us-seizes-two-major-credit-unions/391918

http://online.wsj.com/article/SB123759196056600541.html

http://www.bloomberg.com/apps/news?pid=20601103&sid=aDuvFYn6_MFM&refer=news

3/21/2009 09:57:00 AM  
Anonymous Anonymous said...

Why doesn't Shields call a news conference and call the Mayor out like he said he would do if elected?
----------------------------------
He was elected to have the best interests of the plan beneficiaries at heart. Its entirely possible that the time is not right for such an approach.

Its also quite possible that he is taking some time to get to know what is going on before doing anything publicly.

getting your hands around a mess like your pension plan is not a trivial exercise. especially given he probably has no skills or education in accounting or pensions that would help him go through the thing.

keep in mind that very highly educated and skilled forensic accountants can take years to figure out what has happened in cases like this. your guy is an amateur. it may well take him a lot longer.

3/21/2009 10:20:00 AM  
Anonymous hippy-dippy-1 said...

Anonymous said...
Many of you keep harping about the federal government getting involved. I am curious, just what federal laws are you talking about being violated?

3/20/2009 09:33:00 AM

None wright? Maybe you should do a deceptive practice report since it is a minor incident and the "locals" can handle it.

3/21/2009 01:20:00
***********************************Hey, smart guy, I wasn't trying to shoot down a federal investigation, I was merely trying to point out that there must be a federal crime involved for them to investigate. I know that the G has a tendency to use a broad interpretation of federal law in many investigations, but the last time I looked Fraud and Theft were state offenses and NOT federal offenses. I, along with the rest of you, hope they can and will find a crime that fits. My question was not meant to be argumentative, but mainly to point out that many of you throw around the thought that the feds should investigate. That may not be quite as easy as you believe.

By the way, it is "right," not "wright," and I will leave the case report writing to you, since I have been retired for about 10 years now. I would very much like to see every one of you enjoy the benefits of the pension. I am approaching just about 3 times what I contributed over 38 years at various ranks. Interestingly enough though, if you add the city's contributions, which are approximately double that of the individual, I am just about at the break even point.

Keep up the good work.

3/21/2009 10:37:00 AM  
Anonymous Anonymous said...

Many of you keep harping about the federal government getting involved. I am curious, just what federal laws are you talking about being violated?

3/20/2009 09:33:00 AM

The same kind of investigations that idict the "small fish"

3/21/2009 11:43:00 AM  
Anonymous Anonymous said...

Put them all in jail and then shoot them.

3/21/2009 12:21:00 PM  
Anonymous Anonymous said...

Mike Shields was all over television, Youtube and this very blog when he was running for office.

Now that we elected him to office where is he? What is Mike Shields doing to fix the pension mess?

Why doesn't Shields call a news conference and call the Mayor out like he said he would do if elected?

Stop being another mouth and standup and do something, we elected you.

3/21/2009 12:40:00 AM

*********************************

Yea, okay tough guy. You probably didn't even vote!

3/21/2009 12:39:00 PM  
Anonymous Anonymous said...

Many of you keep harping about the federal government getting involved. I am curious, just what federal laws are you talking about being violated?


How about Mail Fraud? The federal equivalent of our Disorderly Conduct.

3/21/2009 03:21:00 PM  
Anonymous Anonymous said...

"Why doesn't Shields call a news conference and call the Mayor out like he said he would do if elected?

Stop being another mouth and standup and do something, we elected you.

3/21/2009 12:40:00 AM"



How about you call a news conference and announce to the world that you've accomplished the impossible, namely, you've achieved and maintained a state of absolute vacuum within the space between your ears.

Impressive.

3/21/2009 04:35:00 PM  
Anonymous Anonymous said...

Anonymous said...
Mike Shields was all over television, Youtube and this very blog when he was running for office.

Now that we elected him to office where is he? What is Mike Shields doing to fix the pension mess?

Why doesn't Shields call a news conference and call the Mayor out like he said he would do if elected?

Stop being another mouth and standup and do something, we elected you.

3/21/2009 12:40:00 AM


Right. By next Tuesday too, would that be all right?

Shields is one of 8 members of the Board of Directors. The Board is loaded overwhelmingly with Daley yes men. Short of pointing a gun to the rest of them, how would you suggest he effect change when he is outvoted by Daley people on every vote?

The best he can do, and is doing, is to publicize all the outrages he finds and bringing to light the dirty shit he uncovers. He just took office in December.

I trust he is doing what he can but like every board controlled by Daley, change is at best difficult to impossible. We must be rid of Daley. Daley is the satan of this city. Daley is the problem. It all starts and ends with Daley. Daley is the anti-christ.

3/21/2009 04:42:00 PM  
Anonymous Pierce #14620 - 377 said...

Anonymous said...
Who is this Gallagher? Is he a cop? Is he a paid administrator who has pension experience? Is there a bio of him on a website?

3/20/2009 06:32:00 AM


Who is asking?

I'm a police officer and I know who he is, you obviously are not a police officer so you don't need to know.

3/20/2009 05:55:00 PM

I not a reporter but a Cop who works first watch. Google did not have much on him. I don't have the time to do the leg work to research him. If you could contact me at my unit, I appreciate it.

3/21/2009 06:47:00 PM  
Anonymous Anonymous said...

the federal law occuring that people must be loking for is called R I C O. that would cover shortshanks & down. their all part of a conspiracy against the citizens and city of chicago. now it may even cover 1600 Pennsylvia Ave???

3/21/2009 07:01:00 PM  

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