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Chicago Parking Meters
Chicago Parking Meters LLC also known as ParkChicago is an American company with several investors that owns the parking meters in the city of Chicago, Illinois. The company has gained notoriety for its roots in the sale of the City of Chicago's parking meters to private investors, considered a huge financial disaster for the city. History During the 2008 financial crisis, the City of Chicago faced a major budget deficit, which prompted then-Mayor Richard M. Daley to propose the sale of city-owned parking meters. Brokers affiliated with Morgan Stanley then formed an LLC called "Chicago Parking Meters LLC" to facilitate a potential deal with the city over the sale of the meters. By December 3, 2008, a deal was made to sell all 36,000 of the parking meter spots in the city for 75 years for $1.15 billion. The deal was approved and finalized on December 4, 2008. When the deal went through, prices increased and many meters were vandalized in the initial rollout. As of 2023, the invest ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Matt Taibbi
Matthew Colin Taibbi (; born March 2, 1970) is an American author, journalist, and podcaster. He has reported on finance, media, politics, and sports. A former contributing editor for ''Rolling Stone'', he is an author of several books, co-host of ''Useful Idiots'', and publisher of the newsletter ''TK News'' on Substack. Taibbi began as a freelance reporter working in the former Soviet Union, including a period in Uzbekistan, from where he was deported for criticizing President Islam Karimov. Taibbi later worked as a sports journalist for the English-language newspaper '' The Moscow Times''. He also played professional baseball in Uzbekistan and Russia as well as professional basketball in Mongolia. In 1997, he moved back to Russia to edit the tabloid ''Living Here'', but eventually left to co-edit rival tabloid '' The eXile''. Taibbi returned to the United States in 2002 and founded the Buffalo-based newspaper '' The Beast''. He left a year later to work as a columnist for th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Chicago
Chicago and its suburbs, which together comprise the Chicago Metropolitan Area, is home to 35 Fortune 500 companies and is a transportation and distribution center. Manufacturing, printing, publishing, insurance, transportation, financial trading and services, and food processing also play major roles in the city's economy. The total economic output of Chicago in gross metropolitan product totaled US$770.7 billion in 2020, surpassing the total economic output of Switzerland and making Chicago's gross metropolitan product (GMP) the third largest in the United States, after New York and Los Angeles. The city is home to several ''Fortune'' 500 companies, including Archer Daniels Midland, Conagra Brands, Exelon, JLL, Kraft Heinz, McDonald's, Mondelez International, Motorola Solutions, Sears, and United Airlines Holdings, although Chicago has experienced an exodus of large corporations since 2020, including Boeing; Citadel LLC; Caterpillar; and Tyson Foods. Three Fortune 500 comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Chicago
The government of the City of Chicago, Illinois, United States is divided into executive and legislative branches. The Mayor of Chicago is the chief executive, elected by general election for a term of four years, with no term limits. The mayor appoints commissioners and other officials who oversee the various departments. In addition to the mayor, Chicago's two other citywide elected officials are the City Clerk and the treasurer. The City Council is the legislative branch and is made up of 50 aldermen, one elected from each ward in the city. The council takes official action through the passage of ordinances and resolutions and approves the city budget. Government priorities and activities are established in a budget ordinance usually adopted each November. Organization Generally speaking, the mayor and city departments comprise the executive branch of the city government, and the city council comprises the legislative branch. However, the mayor does have some formal legis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Abu Dhabi
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Park Grill
The Park Grill is the only full-service restaurant included in the multimillion-dollar Millennium Park project in Chicago, Illinois. Its outdoor seating area is the largest al fresco dining area in Chicago. It has placed among the leaders in citywide best-of competitions for best burger and is widely praised for its views. The exclusive location, the lucrative contract terms, the investor list, and a close personal relationship between a managing partner of the restaurant and the Chicago Park District's project manager led to a formal ethics investigation, court litigation, and extensive press coverage, and ranked among the most prominent scandals of the administration of Chicago Mayor Richard M. Daley in 2005. The more than 80 investors include some of Daley's friends and neighbors. One of the most financially successful restaurants in Chicago, the Park Grill remains exempt from property taxes after a multi-year litigation which reached the Illinois Supreme Court. Locatio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hired Truck Program
The Hired Truck Program was a scandal-plagued program in the city of Chicago that involved hiring private trucks to do city work. It was overhauled in 2004 (and phased out beginning in 2005) after an investigation by the ''Chicago Sun-Times'' revealed that some participating companies were being paid for doing little or no work, had mob connections, or were tied to city employees. Truck owners also paid bribes in order to get into the program. The Hired Truck Program officially came to an end Monday, September 18, 2006. At the end of the work day on Friday, September 15, 2006, the final eight Hired Trucks were laid off permanently. Clout on Wheels, ''Chicago Sun-Times'' Investigation of the program The ''Sun-Times'' investigation began when a reporter, Tim Novak, spotted a red truck parked on the city block where he resides. This single red dump truck bore a sign saying it was leased to the city of Chicago's Hired Truck Program. The reporter eventually staked out a city wate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Allianz SE
Allianz ( , ) is a German multinational financial services company headquartered in Munich, Germany. Its core businesses are insurance and asset management. The company is one of the world's largest insurers and financial services groups. The company is a component of the Euro Stoxx 50 stock market index. Its asset management division, which consists of PIMCO, Allianz Global Investors and Allianz Real Estate, has €2,432 billion of assets under management (AuM), of which €1,775 billion are third-party assets (Q1 2021). Allianz sold Dresdner Bank to Commerzbank in November 2008. History Foundation ''Allianz AG'' was founded in Berlin on 5 February 1890 by then-director of the ''Munich Reinsurance Company'' Carl von Thieme (a native of Erfurt, whose father was the director of the insurance company ''Thuringia'') and Wilhelm von Finck (co-owner of the ''Merck Finck & Co. Bank''). The joint company was listed in Berlin's trade register under the name ''Allia ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Abu Dhabi Investment Authority
The Abu Dhabi Investment Authority ( ar, جهاز أبوظبي للاستثمار, ADIA) is a sovereign wealth fund owned by the Emirate of Abu Dhabi (in the United Arab Emirates) founded for the purpose of investing funds on behalf of the Government of the Emirate of Abu Dhabi. It manages the Emirate's excess oil reserves and is estimated to manage $790 billion. ADIA's operations have been characterized as secretive and opaque. History In 1967, Abu Dhabi emirate created the Financial Investments Board which operated within its Department of Finance and was responsible for managing the Emirate's excess oil revenues. However, in 1976, Sheikh Zayed bin Sultan Al Nahyan, the founding president of the United Arab Emirates, converted it into the Abu Dhabi Investment Authority. The goal was to invest the Abu Dhabi government's surpluses across various asset classes, with low risk. At the time it was novel for a government to invest its reserves in anything other than gold or short-ter ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Griftopia
''Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America'' is a 2010 book by American political journalist Matt Taibbi about the events that led to the financial crisis of 2008. It argues that the crisis was not an accident of the free market but the result of a complex and ongoing politico-financial process taking place in the United States whereby wealth and power are transferred to a super-rich "grifter class" that holds a grip on the political process. Taibbi maintains that "all of us, conservatives and progressives, are being bled dry by a tiny oligarchy of extremely clever criminals and their castrato henchmen in government." Critical reception was mixed. One observer described ''Griftopia'' as "necessary ... corrective" of the assertion that bubbles are inevitable in the market system, and another review said the book contests the idea greed of the American consumer was a primary cause of the problem. More negative reviews described ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bike Lane
Bike lanes (US) or cycle lanes (UK) are types of bikeways (cycleways) with lanes on the roadway for cyclists only. In the United Kingdom, an on-road cycle-lane can be firmly restricted to cycles (marked with a solid white line, entry by motor vehicles is prohibited) or advisory (marked with a broken white line, entry by motor vehicles is permitted). In the United States, a ''designated bicycle lane'' (1988 MUTCD) or ''class II bikeway'' (Caltrans) is always marked by a solid white stripe on the pavement and is for 'preferential use' by bicyclists. There is also a ''class III bicycle route'', which has roadside signs suggesting a route for cyclists, and urging sharing the road. A ''class IV separated bike way'' (Caltrans) is a bike lane that is physically separate from motor traffic and restricted to bicyclists only. Effects According to a 2019 study, cities with separated bike lanes had 44% fewer road fatalities and 50% fewer serious injuries from crashes. The relationship ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
20110219 70 Parking Her Car, Superior St
Eleven or 11 may refer to: * 11 (number), the natural number following 10 and preceding 12 * one of the years 11 BC, AD 11, 1911, 2011, or any year ending in 11 Literature * ''Eleven'' (novel), a 2006 novel by British author David Llewellyn *''Eleven'', a 1970 collection of short stories by Patricia Highsmith *''Eleven'', a 2004 children's novel in The Winnie Years by Lauren Myracle *''Eleven'', a 2008 children's novel by Patricia Reilly Giff *''Eleven'', a short story by Sandra Cisneros Music *Eleven (band), an American rock band * Eleven: A Music Company, an Australian record label *Up to eleven, an idiom from popular culture, coined in the movie ''This Is Spinal Tap'' Albums * ''11'' (The Smithereens album), 1989 * ''11'' (Ua album), 1996 * ''11'' (Bryan Adams album), 2008 * ''11'' (Sault album), 2022 * ''Eleven'' (Harry Connick, Jr. album), 1992 * ''Eleven'' (22-Pistepirkko album), 1998 * ''Eleven'' (Sugarcult album), 1999 * ''Eleven'' (B'z album), 2000 * ''Eleven'' (Reamon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
