lundi 8 juin 2009

List of Bad Pension Investments

  • Mayor Daley's nephew Robert Vanecko and Vanecko's business partner Allison S. Davis have been making news lately.

    Their real estate investment business, DV Urban Realty Partners, manages $68 million for five city pension funds -- representing Chicago police officers, teachers, CTA employees and other city workers.

  • 1. 1212 S. Michigan Ave.
    2. 2400 S. Michigan Ave.
    3. 217 S. Jefferson St.
    4. 7100 S. South Shore Dr.
    5. 3508 S. State St.
    6. 3030 N. Broadway
    7. 3013-27 N. Waterloo Ct.
    8. 3348 S. Pulaski Rd.
And amazingly, they are still getting paid "management" fees and leasing a number of these properties to the City at questionable rates. All in a days work we suppose.

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