The Chicago Sun-Times reports:
Three years ago, City Hall approved giving $5.3 million in taxpayer funding to a labor organization so it could buy land from a client of Ald. Edward M. Burke's law firm.Since, Alderman Burke hands out the money in Chicago, Alderman Burke was part of both sides of the trade! You'll want to read the whole article.
Burke (14th) was among 49 aldermen who approved the deal that allowed the Chicago Construction and General Laborers' Council to buy the 24-acre site from since-indicted Chicago developer Calvin Boender.
Boender made a 37 percent profit on the land, which he had owned for about six years, city records show.
Now, a federal investigation has the deal in the spotlight.
