Hedge fund CEO emerges as top Emanuel troubleshooter

Chicago Tribune – When Chicago aldermen wanted answers on Mayor Rahm Emanuel’s new parking meter deal, they heard the details not only from a City Hall lawyer and administrator but from a rich and influential businessman who has no official city job at all.

Michael Sacks, the leader of a Chicago hedge fund firm and a close friend of Mayor Rahm Emanuel’s, had been the closer on the deal, a primary example of how he has come to float between the worlds of business and government as he does Emanuel’s bidding.

Read Complete Article

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply