Crain's Chicago Business took a look at the insurance policy the City Council authorized that Mayor Daley's consigliere Jack Ryan to procure against Olympic losses, and the outlook is downright frightening. According to Crain's, the insurance policy "would cover only about $1.1 billion of the $3.8-billion operating budget that the mayor's Olympic point man has drawn up for the games."
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Results tagged “moneypits”
Crain's: City's Olympics Insurance Could Still Leave the City Exposed
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