The state agency managing the College Illinois prepaid tuition program expects to lose more than half its $10 million investment in luxury hybrid-car startup Fisker Automotive. The Illinois Student Assistance Commission, which runs the $1.1 billion fund backing the college savings plan used by more than 30,000 Illinois families, disclosed the bad newsGreat moments in corruption.
Thursday, September 20, 2012
College Illinois fund to take bath on Fisker Auto Investment
Crain's Chicago Business reports on the Chicago Way:
