Area Soldier Killed In Fort Hood Rampage
Stroger Makes Hollywood Play
Put Down Your Nanowrimo And Leave The House
Sox Shuffle Continues
Business Week has launched its latest title: BW Chicago. And the first story heralds Mayor Daley as "The CEO of City Hall." At Business Week, this is high praise.
According to story, Mayor Daley is hugely popular with business leaders because he gives them huge tax breaks and privatizes city operations. Quoth Charles P. Carey, vice-chairman of CME Group (CME), parent of the Chicago Mercantile Exchange and the Chicago Board of Trade, "[Daley] takes a CEO's approach to being mayor." So despite an inability to stay within a budget (cough, Millennium Park), scandals at every level of the administration, a school system that graduates only 52 percent of its students, and his penchant for "demagoguery," "Daley can count on business support because he's good at finding common ground with corporate leaders."
Other choice lines from the story:
On O'Hare expansion: "The plan infuriates airport neighbors but is a winner with executives keen to make Chicago a global hub. "
On big business backing his re-election campaign last year: "The Chicago Mercantile Exchange (CME) contributed $107,000, the Chicago Board of Trade (CBOT) $101,000, and the Chicago Board Options Exchange (CBOE) $25,000 — plus personal contributions by executives."
On philosophies of government: "With such pro-business policies, executives say, Daley would likely be a Republican anywhere else."
For the softer side of the mayor, BWC put together this slideshow (makes noise).
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Does the B in BW not stand for Business? Were you expecting a social policy critique from the article??
Right on Huckster! If the local economy was shrinking, and these people had no jobs, they'd be complaining. Sometimes a little bad is a necessary evil.
If the CTA was any indicator of his job as mayor I would say he'd be a prime candidate for a firing.
Mayor Daley is hugely popular with business leaders because he gives them huge tax breaks and privatizes city operations.
Hey Mayor give me taxpayer's money and I'll be your friend too!
We just got that at the office. It is about six pages of fluff held together to support BW's subscription drive.
See! There are stories relevant to Chicago businesses in our mag!
I now understand how ignorance is bliss works on an emotional level,
Chicagoist, please stop throwing that man in my face. you're making it intolerable to function. Can't we talk about sports!?!
He's such a joke or better put WE are such a joke for electing him
Matty what about a public hanging?
"....It is about six pages of fluff held together to support BW's subscription drive...." (above comment)
Hey, I didn't know that Fran Spielman also wrote for BWChicago. Who helped her with the research? Michael Sneed?
I read it today while being driven to the office and thought it was a waste of paper and ink.
Mayor Daley is doing the same thing a lot of not so bright CEO's do with big egos. Staying in the same job too long.
You got to know when to get out before shit starts catching up with you.
His father died in office and he will be indicted in office.
Folks,
Very kind of you to take note of our new magazine, a monthly edition that will focus on Chicago. If you'd like to take a look at the entire magazine, in a form where you can electronically turn pages, check out this site: http://chicago.businessweek.com/
By signing up, you'll be able to see the whole magazine. We invite your criticisms and suggestions. You can drop me a note at joe_weber@businessweek.com if you'd like.
Thanks.
JW
Dammit! That's my freakin username!