Report
Report

Author: Illinois. Recreation Council

Publisher:

Published: 1977

Total Pages: 276

ISBN-13:

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The House That Madigan Built
The House That Madigan Built

Author: Ray Long

Publisher: University of Illinois Press

Published: 2022-03-03

Total Pages: 186

ISBN-13: 0252053486

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Michael Madigan rose from the Chicago machine to hold unprecedented power as Speaker of the Illinois House of Representatives. In his thirty-six years wielding the gavel, Madigan outlasted governors, passed or blocked legislation at will, and outmaneuvered virtually every attempt to limit his reach. Veteran reporter Ray Long draws on four decades of observing state government to provide the definitive political analysis of Michael Madigan. Secretive, intimidating, shrewd, power-hungry--Madigan mesmerized his admirers and often left his opponents too beaten down to oppose him. Long vividly recreates the battles that defined the Madigan era, from stunning James Thompson with a lightning-strike tax increase, to pressing for a pension overhaul that ultimately failed in the courts, to steering the House toward the Rod Blagojevich impeachment. Long also shines a light on the machinery that kept the Speaker in power. Head of a patronage army, Madigan ruthlessly used his influence and fundraising prowess to reward loyalists and aid his daughter’s electoral fortunes. At the same time, he reshaped bills to guarantee he and his Democratic troops shared in the partisan spoils of his legislative victories. Yet Madigan’s position as the state’s seemingly invulnerable power broker could not survive scandals among his close associates and the widespread belief that his time as Speaker had finally reached its end. Unsparing and authoritative, The House That Madigan Built is the page-turning account of one the most powerful politicians in Illinois history.

The Financial Crisis Inquiry Report
The Financial Crisis Inquiry Report

Author: Financial Crisis Inquiry Commission

Publisher: Cosimo, Inc.

Published: 2011-05-01

Total Pages: 692

ISBN-13: 1616405414

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The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.