What Could They Be Hiding?
Trustees for at least two city pension funds are considering stonewalling Chicago's inspector general over a subpoena for records involving their investments with a company co-owned by one of Mayor Daley's nephews.
The funds invested millions of dollars in DV Urban Realty Partners, founded by Daley nephew Robert Vanecko and Allison Davis, a mayoral supporter whose law firm once employed Barack Obama.
At their last meeting, trustees for the police fund voiced opposition to the subpoena. They're meeting again today. An attorney for another city pension fund has contacted Inspector General David Hoffman's office to say its trustees also plan to refuse his subpoena, according to sources who would not identify that fund.