Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsChicago Tribune: Rahm Emanuel weighs in on Accretive dispute
Looks like Rahm's trying to outdo Mitt Romney for the title of "Biggest Corporate Shill". Fuck him...
www.chicagotribune.com/business/breaking/chi-rahm-emanuel-weighs-in-on-accretive-dispute-20120508,0,2697985.story
Rahm Emanuel weighs in on Accretive dispute
By Peter Frost
Tribune reporter
2:17 PM CDT, May 8, 2012
Dismayed with Minnesota Attorney General Lori Swanson's handling of a public dispute with Chicago-based Accretive Health Inc., Mayor Rahm Emanuel is urging the fellow Democrat to resume talks with the embattled company and "cease efforts to publicly prosecute" the matter in the press.
In a letter sent to Swanson on Friday, Emanuel defended the hospital billings and collections company, saying it "does important things for hospitals and good things for our city, particularly for our neediest citizens."...
...Accretive, one of Chicagoland's fastest-growing companies, received $6 million in tax increment financing from the City of Chicago in 2010 to help it build a service center on South LaSalle Street that was projected to employ 650 people. The company also received a mixture of tax and job-training credits from the state of Illinois valued at $1.42 million.
The mayor has held up the company as an example of worthwhile TIF investment. Emanuel toured the LaSalle Street offices of the company in March, talking with executives and interacting with workers as part of what his administration said was an effort to understand what businesses have experienced and identify opportunity for future potential growth....
By Peter Frost
Tribune reporter
2:17 PM CDT, May 8, 2012
Dismayed with Minnesota Attorney General Lori Swanson's handling of a public dispute with Chicago-based Accretive Health Inc., Mayor Rahm Emanuel is urging the fellow Democrat to resume talks with the embattled company and "cease efforts to publicly prosecute" the matter in the press.
In a letter sent to Swanson on Friday, Emanuel defended the hospital billings and collections company, saying it "does important things for hospitals and good things for our city, particularly for our neediest citizens."...
...Accretive, one of Chicagoland's fastest-growing companies, received $6 million in tax increment financing from the City of Chicago in 2010 to help it build a service center on South LaSalle Street that was projected to employ 650 people. The company also received a mixture of tax and job-training credits from the state of Illinois valued at $1.42 million.
The mayor has held up the company as an example of worthwhile TIF investment. Emanuel toured the LaSalle Street offices of the company in March, talking with executives and interacting with workers as part of what his administration said was an effort to understand what businesses have experienced and identify opportunity for future potential growth....
The letter:
http://www.scribd.com/doc/92860737/Rahm-Emanuel-Accretive-Letter
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
3 replies, 1377 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (2)
ReplyReply to this post
3 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Chicago Tribune: Rahm Emanuel weighs in on Accretive dispute (Original Post)
friendly_iconoclast
May 2012
OP
If it's legit (as is the case here), I say: Batter up, and swing like David Ortiz!
friendly_iconoclast
May 2012
#2
Zalatix
(8,994 posts)1. Is it okay to bash Rahm Emanuel on here?
He makes Joe Liberman look like Bernie Sanders!!!
friendly_iconoclast
(15,333 posts)2. If it's legit (as is the case here), I say: Batter up, and swing like David Ortiz!
Hell Hath No Fury
(16,327 posts)3. What's wrong with the Democratic Party.
A perfect example.