Tuesday, June 28, 2011

Guess Who SHOULD be Going to Jail

  • A Chicago venture capital fund whose projects paid more than $1.2 million to former Mayor Richard M. Daley’s son has been taken over by the federal government, which says the fund owes taxpayers $21.4 million.

    Cardinal Growth L.P. — which was run by attorney and former federal prosecutor Robert Bobb Jr. and accountant Joseph McInerney, a close friend of Daley’s son, Patrick Daley — borrowed nearly $51 million from the U.S. Small Business Administration over the past decade but has been unable to repay $21.4 million, court records show.

    U.S. Attorney Patrick Fitzgerald filed the civil lawsuit on behalf of the federal agency on June 15. The SBA is seeking to liquidate Cardinal Growth L.P. because of mounting losses that threaten the fund’s ability to repay the taxpayer money it got from the agency.

So everything Patrick Daley touches either turns to shit or manages to evade all the so-called "ethical safeguards" put in place to prevent exactly this sort of profiteering by connected individuals from the public monies.

But remember, greedy teachers and coppers are the cause of all financial problems.

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31 Comments:

Anonymous Anonymous said...

The daley clan is a genetic crime wave. Shanks & son Slugger, and the Vanecko's would look really great in orange jump suits !

6/28/2011 12:24:00 AM  
Anonymous Anonymous said...

Cardinal Growth LP. is a front for Daley back door deals.Out of control corruption.

6/28/2011 01:00:00 AM  
Anonymous Anonymous said...

Dont forget to add the vanecko brothers to that statement about everything touched turns to shit.

6/28/2011 01:20:00 AM  
Anonymous Anonymous said...

"Are we doomed to have... corruption rubbed in our faces for all of eternity?"

Yes. By definition: Chicago, Cook County, Illinois.

6/28/2011 01:50:00 AM  
Anonymous Anonymous said...

They tell me that there's a special place in Hell for these people.

I hope they're right!

6/28/2011 01:55:00 AM  
Anonymous Anonymous said...

Young Patrick will not be indicted or go to jail. Daddy made Obama President and his brother Bill sits next to Obama in the Oval Office and keeps him awake.

6/28/2011 02:17:00 AM  
Anonymous Anonymous said...

Lots of questions after the Blago verdict as to why the Feds didn't keep the investigation going to see who would eventually pay for Obama's Senate seat. The reason they stopped the investigation is because little Jesse Jackson Jr. already $1.5 million ready to fork over to Blago through his Indian representatives. Daley and Obama didn't want to upset Rev. Jesse Sr. No way.

6/28/2011 02:20:00 AM  
Anonymous Anonymous said...

Talk about a "public corruption crime wave," the Daley family exemplifies public corruption. Blago is a punk compared to the Daley's, Vanecko's and the rest.

6/28/2011 04:53:00 AM  
Anonymous Anonymous said...

I would like to know which bank originated these SBA loans, was it Chase? Remember Bill Daley worked there. $50 million for a venture capital firm and guaranteed by the federal government, it just doesn't add up.

6/28/2011 05:15:00 AM  
Anonymous Patrick Joe Batters Daley is the Golden Boy! said...

Does anyone believe Patrick 'Joe Batters' Daley will see any time?Sweetheart Sewer deal, WiFi deals at the airport, and who knows what else he's into. The kid is the #$^&%*# Golden Boy!

Joe Batters headed to Russia when things started getting hot in the kitchen for him in Chicago. Then, his papa keeps bringing up his Army commitment.


Conspiracy theorist seem to be believe the following took place in Chicago:

JFled was shoved on Daley by the Feds. Daley was told to retire by the Feds. And, when daley did this, the Feds promised to keep their paws off Joe Batters. Daley was allowed to seemingly retire on his own and then to profit on book deals, consulting work, and speaking engagements.

6/28/2011 07:15:00 AM  
Anonymous Anonymous said...

Anonymous said...
Young Patrick will not be indicted or go to jail. Daddy made Obama President and his brother Bill sits next to Obama in the Oval Office and keeps him awake.

6/28/2011 02:17:00 AM

Obama and brother Bill will not be there beyond 2012.

Here's hoping that President Michelle Bachman will direct HER Attorney General to go after the Daley Crime Family with guns blazing!

6/28/2011 07:56:00 AM  
Anonymous Anonymous said...

How many police families voted for them? How many worked for them? How many just stayed home and didn't vote against them when they should have?

We got what we deserve. How many even showed up to vote in the last mayoral election? Now we have Rahm telling us the heat forced the closing of North and Oak street beaches.

We got what we deserved. It's the price we pay for apathy.

6/28/2011 08:15:00 AM  
Anonymous Perry F'ing Mason said...

Lots of questions after the Blago verdict as to why the Feds didn't keep the investigation going to see who would eventually pay for Obama's Senate seat. The reason they stopped the investigation is because little Jesse Jackson Jr. already $1.5 million ready to fork over to Blago through his Indian representatives. Daley and Obama didn't want to upset Rev. Jesse Sr. No way.

6/28/2011 02:20:00 AM
---------------------------------
I agree. I also cannot believe Blago isn't turning state's evidence against other "players".

He did not work or deal in a vacuum, yet it seems he is the only guy getting sucked into the prison.

Something is not right and it should be interesting to see the appeals process and if he offers up someone (or several) to cut his own time down.

OR, maybe it's already been negotiated - do a couple years "for the team" and we will make sure you have "Blago World" on TV and radio when you come out.

6/28/2011 08:37:00 AM  
Anonymous Anonymous said...

Read Zwecker's column in yesterday's slum-times about "Pat the Bat". Because he speaks fluent
Russian he is a hero to the slum-times staff.

6/28/2011 08:56:00 AM  
Anonymous Anonymous said...

Did Mayor Daley pay his $20 fee for failing to file his ethics statement? Because it seems he failed to do so.

6/28/2011 09:01:00 AM  
Anonymous Anonymous said...

The Daley clan are nothing but gypsies in Brooks Brothers suits. They give people of Irish decent a bad name!

6/28/2011 10:05:00 AM  
Anonymous Anonymous said...

"Lots of questions after the Blago verdict as to why the Feds didn't keep the investigation going to see who would eventually pay for Obama's Senate seat."

Agreed. Fitzgerald said that it was due to the fact that someone had leaked information to the press, but the abrupt end made it appear that the investigation was getting too close to someone they didn't want to mess with.

They might have even leaked the information themselves in order to pull the plug.

rb

6/28/2011 10:26:00 AM  
Anonymous Anonymous said...

Everything a Daley touches doesn't go to shit, especially when they cash out with millions in salaries and commissions. Their savvy deals always got themselves a hefty upfront fee.
Our portion of that $60 million dollar real estate venture, made at the beginning of the real estate down slide will never be recovered. That alone should have been enough for even the most aloof investor to say 'no deal' but Daley-Vanecko got the funding for their investors and collected their fees before the project ever broke ground, and eventually went into default.
Sewer business, WiFi business and monkey business all came with easy opt-outs and only the stooges got left holding the bag. They knew where money could be found and get out quick, similar to price fixing and insider trading, yet the U.S. Atty. doesn't apppear to be interested.
As for goofy motor mouth Blago, no comparison to a Daley.
On the matter of a Daley indictment, Sam Adam Jr. was quoted on WLS don & Roma Show, 'that for what Blago was convicted on was nothing a compared to the Daley deals', like the Skyway & Parking meter sale, then go and work for the same law firm, that alone would be a no-brainer for Atty Fitzgerald or any private tax payer to seek or demand indictments. Adam Jr. went in to say that it would be easy to go into the Fed Bldg and ask the simply question as to WHY they haven't gone after Daley.
Nobody in the media will ask Fitzgerald or is something in the works?
We can only pray that one day we will see ShortShanks being escorted out of his house in his jammies.

6/28/2011 10:33:00 AM  
Anonymous Anonymous said...

Wonder what Venecko is up to in California. I always wonder why the young man that was murdered will never get justice. I always hoped his mother would have filed a Federal lawsuit against Venecko, the Chicago Police Dept., and mainly against the corrupt lap dogs at the States Attorney office. If nothing else the truth would come out and we would have more answers than we have now.

6/28/2011 10:55:00 AM  
Anonymous Anonymous said...

That punk kid and the whole daley criminal clan should be in prison but barry owes everything and surely he told pat fitz who was proud as a peacock talking about blago,to lay owe the daley criminal empire! The Illinois combine goes on and on stealing everything then crying we are broke.
Tell me this why is the New York pension fund 99% funded? Why does the New York pension fund every December give a dividend of $12,000 to every retired member? Mike shields how is that research going? Now that your done shopping for new cars and we provided you with that new Lincoln how does it drive? Mike nice you did not want the FOP 7 plate so to try to hide that fancy EXPENSIVE car from the members! Rant off/

6/28/2011 11:47:00 AM  
Anonymous Anonymous said...

Blago found guilty, not a word or a whisper about the Daley crime family.
The prosecutor in this case on tv clucking like he really did something to stop corruption in Illinois. Open your f****n eyes dickhead!
Blago gets convicted for " talking shit " and Daley walks the streets with Police bodyguards.
Your a f****n joke, Mr. US Attorney!

6/28/2011 11:57:00 AM  
Anonymous Anonymous said...

The Daley Crime Family is alive and well in Patrick and the Venecko boyz.

6/28/2011 12:28:00 PM  
Anonymous Anonymous said...

ALL DEMOCRATS ARE COMMUNISTS SAYS:

The Feds have now proven that they are politically Corrupted, as this conviction of Blago is really only the tip of the Iceberg, but they will not follow it up any further, as it leads all the way to the White House, and EVERYONE knows that.. Although, they might say that they are still investigating, but if anyone else is arrested and indicted, those persons will be 58 to 90 years old by then.

6/28/2011 04:56:00 PM  
Anonymous Anonymous said...

Anonymous said...
"Lots of questions after the Blago verdict as to why the Feds didn't keep the investigation going to see who would eventually pay for Obama's Senate seat."

Agreed. Fitzgerald said that it was due to the fact that someone had leaked information to the press, but the abrupt end made it appear that the investigation was getting too close to someone they didn't want to mess with.

They might have even leaked the information themselves in order to pull the plug.

BULLSHIT. They still would have had Blago anyway by then. The investigation was leading to JJ, Jr. and Obama, so it was halted. Remember that fire that JJ Jr. had in his home office ? How convenient.
Check of the the phone records led to ??? Nowhere, if the Feds are to be believed..

6/28/2011 05:00:00 PM  
Anonymous Anonymous said...

BLAGO TRIAL DONE, JESSE JACKSON JR. PROBE MAY BEGIN

June 28, 2011 (CHICAGO) (WLS) -- The end of one case could be the beginning of another: A congressional investigation of South Side U.S. Representative Jesse Jackson Jr.

In this Intelligence Report: Now that Rod Blagojevich's trial is finished, the door is open for House Ethics investigators.

In November, an ethics investigation directed from Capitol Hill was to look at whether Representative Jackson Jr. -- or an agent of Jackson's acting for him -- offered to raise campaign funds for Governor Blagojevich in return for Jackson's appointment to the Obama Senate seat.

http://abclocal.go.com/wls/story?section=news%2Fiteam&id=8219955

6/28/2011 06:54:00 PM  
Anonymous Anonymous said...

This is something that I have wondered for a while...now that most police forces are unionized, do their members vote their pocketbooks and vote Dem or do they support the law & order Repubs?

6/28/2011 07:27:00 PM  
Anonymous Anonymous said...

Blago is a creep, as is his wife, but I don't recall anyone in his family making $700,000 from a state contract

6/28/2011 07:43:00 PM  
Anonymous Anonymous said...

"...."Lots of questions after the Blago verdict as to why the Feds didn't keep the investigation going to see who would eventually pay for Obama's Senate seat."

- One point was brought up about this was that once the Senate seat was sold, traded or taken by Blago himself it would have been a disaster politically, legally & financially to rectify. So we got Tombstone Burris as the consolation along with Obamacare. Well played Fitzgerald.
On with the Cellini trial, not a peep from the Daley clan.
But what about that $1.5 mill, did the IRS ever audit the books? That money, did it go somewhere...over the Rainbow?
Watch for the Grim Reaper to pull a rabbit out of his hat and the Daley Clan count their lucky charms at the other end of that rainbow.

6/28/2011 08:41:00 PM  
Anonymous Anonymous said...

They tell me that there's a special place in Hell for these people.

I hope they're right!

I pray they're right!

6/28/2011 11:05:00 PM  
Anonymous Anonymous said...

Blago gets convicted for " talking shit " and Daley walks the streets with Police bodyguards.
Your a f****n joke, Mr. US Attorney!

6/28/2011 11:57:00 AM
U.S. attorney should check into how the Mayor got the new condo he now lives in in the Millenium Towers ( which is worth 1 mil) for nothing from Walsh Const.big ethics violation if it was a gift....Hello i.R.S

6/29/2011 05:15:00 PM  
Anonymous Anonymous said...

Lisa Madigan was looking at the senate seat for sale!

7/02/2011 04:09:00 PM  

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