In a report published Monday, the Chicago Reporter found that Chicago is the the nation's capital for "high-cost" home loans. The study, looking at three years' worth of federal home-loan data, showed that in 2006, "the Chicago-Naperville-Joliet metropolitan statistical area, which includes Cook, DeKalb, DuPage, Grundy, Kane, Kendall, McHenry and Will counties" led the nation, with 88,315 “high-cost” mortgages. "High-cost" mortgages are defined as first-lien home loans that are at least three percentage points above...
More Housing Market Problems in Chicago
Debate "Sparks" Over Buzz Worthy Beer
Chicagoist has a saying among friends, "no good night ever started with Sparks." While we are totally in favor of beer (obviously), we aren't totally on board with beer that tastes like orange candy and changes the color of your teeth and tongue. Apparently, neither is Illinois Attorney General Lisa Madigan and Attorneys General from 28 other states.
Nerds Now Targeting Cell Phones
Apparently those people that have nothing better to do than concoct ways to fuck up everyone else's digital day are moving on to cell phones. Illinois Attorney General Lisa Madigan issued a consumer alert today warning of the dangers of cell phone viruses. While still rare, the viruses have the ability to crash your cell phone the same way traditional computer viruses cripple your CPU.
Part Of Saddam's Booty For You? Too Good To Be True
Attention gullible dipshits! If Sgt. Mark Dang contacts you via e-mail to ask for your help in transferring part of Saddam Hussein's fortune that he found in Iraq, be careful. Sgt. Dang may only be taking advantage of your delusions of renown among the U.S. Armed Forces and, according to Illinois Attorney General Lisa Madigan, may not even exist. "I would be very surprised if this con artist is a member of our military, which is serving so courageously in the Middle East. ...This seems to be a new twist on a very old scam," Madigan said today.
No More Hip-Hop Cigarettes
Illinois Attorney General Lisa Madigan announced yesterday that Illinois will receive $500,000 of a $1.46 million settlement with R.J. Reynolds Tobacco Co. from suits filed by Illinois, New York and Maryland. The money will go toward youth smoking prevention programs.

