A couple of seemingly unrelated stories in the local papers today are, in fact, related by one common thread: debt.
First up, the Chicago Tribune. The only thing worse than shareholders owning newspapers is the thought of banks owning newspapers.
And second, I can't say I'm surprised, but here's news of more trouble for Garrett Kelleher's Chicago Spire boondoggle. Bank of America is suing Kelleher's Shelbourne Development, claiming the developer defaulted on the terms of a loan B of A extended to him.
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"He's like the voice of the people who would say something if they weren't so worried about what everyone else thinks."
--G.S., Ohio
"Kinda like a journalistic Rambo!"
--OK, it's G.S. in Ohio again, but it was a really good two-part quote.
--G.S., Ohio
"Kinda like a journalistic Rambo!"
--OK, it's G.S. in Ohio again, but it was a really good two-part quote.
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