Morgan Stanley, the New York financial giant that employs one of Mayor Daley's nephews, has been picked to help the Cook County Board borrow $150 million to get by until the county's 1 percent sales-tax increase starts flowing into the treasury.Some people makes money off the Democratic Party tax increase in Chicago.Wouldn't you know one of Mayor Daley's nephews,is making money off of Chicago Machine connections.
It's the first deal between the county and Morgan Stanley since the company hired William Daley Jr. -- a nephew of the mayor and Cook County Commissioner John Daley -- to help win business.
Over the last year, William Daley Jr. has met with County Board President Todd Stroger and his top two assistants -- his chief financial officer, Donna Dunning, and former chief of staff Lance Tyson.
Wednesday, July 09, 2008
Cook County hires firm employing Daley nephew
The Chicago Sun-Times reports: