WBEZ | Madigan http://www.wbez.org/tags/madigan Latest from WBEZ Chicago Public Radio en Madigan commends federal government suing S&P http://www.wbez.org/news/madigan-commends-federal-government-suing-sp-105352 <p><p>Illinois Attorney General Lisa Madigan says the federal lawsuit against Standard &amp; Poor&#39;s echoes a lawsuit she&#39;s already filed.</p><p>Madigan is in Washington as officials detail a lawsuit accusing the debt rating agency of civil fraud for giving high ratings to risky mortgage bonds that helped caused the financial crisis. Several attorneys general joined the lawsuit.</p><p>Madigan filed a lawsuit against S&amp;P last year and supported other efforts. She says S&amp;P was a trigger for the destruction of the economy.</p><p>The government&#39;s complaint contends S&amp;P misled investors by stating its ratings were objective. It says S&amp;P&#39;s desire to make money and gain market share caused S&amp;P to ignore risks posed by the investments. The alleged fraud made it possible to sell the investments to banks.</p><p>S&amp;P denies wrongdoing.</p></p> Tue, 05 Feb 2013 11:08:00 -0600 http://www.wbez.org/news/madigan-commends-federal-government-suing-sp-105352 Illinois delegates know how to party http://www.wbez.org/jkaufmann/2008/08/illinois-delegates-know-how-to-party/400 <p><img class="alignleft size-medium wp-image-401" style="float: left; margin-left: 7px; margin-right: 7px;" title="marlowes-steakhouse" src="/sites/default/files/archives/blogs/2008/08/marlowes-steakhouse.jpg" alt="" width="250" height="250" />Last night, Marlowe's steakhouse was the scene of the IL delegation welcome party. It was a 4-6 pm open bar party on the 16th street mall. It was the first official IL party and, boy, it did not disappoint. Ok, maybe it disappointed a bit. No one made a scene and the press wasn't let in. So we had to stand outside like the paparazzi on TMZ waiting for a politician to roll by and do a few sound bytes. I was tempted to start playing the full paparazzi role by barking at people as they came out. "Hey, Dick Mell! Dick! Dick! What are you wearing? What hot ordinance are you workin' on?" But instead I just took pictures and tried to stay out of the way. The first day was a treat. I am staying with <a href="http://www.wbez.org/Biography.aspx?bio=rwildeboer">Rob Wildeboer</a> and Amanda Vinicky from Illinois Public Radio. We worked long into the night producing features and editing photos. Amanda went to the farmers' market earlier and I contributed by fixing Rob's computer, which really meant I called our IT guy Drew. <!--break--> The IL delegation is staying at the Denver Marriott. When I walked in, the jazz lounge quartet was setting up for what probably is going to be a raucous night of "Mac the Knife." I might go down there tonight just to see what IL politician takes the mic. My bet is on Emil. Denver folk seem nice enough. The bus-riding crew needs some work. When I asked someone if the Sheridan was off Broadway, the person responded with a curt "I don't know, dude" and when a teen cut in line and was chastised by an old lady, he told her to "shut up." Come on Denver, this is the town <em>Mork &amp; Mindy</em> made famous, you can do better than that! This morning we are covering the IL delegation breakfast and prepare for the main event, which are the Illinois' speeches tonight at the Pepsi Center. Attorney General Lisa Madigan, State Treasurer Alexi Giannoulias and State Comptroller Dan Hynes (plus others) are speaking tonight. I wish they would theme the night by job title - it would be awesome if they had a "Comptroller night" at the next DNC. I have a bunch of tape and video to share today. I'll get it up as soon as I can. Until then, nanu-nanu!</p> Mon, 25 Aug 2008 06:49:00 -0500 http://www.wbez.org/jkaufmann/2008/08/illinois-delegates-know-how-to-party/400