Archive for June 29th, 2007
Daily Archive
Friday, June 29th, 2007
Chicago 2016 Update: Taxpayers won’t be footing bill for Games, at least for now
Yup, I said it. Well, actually, the new money manager for the Chicago 2016 bid committee, Rick Ludwig, said it, according to a Sun-Times report.
The city and state have offered to cough up $500 million if Olympic revenues fall short, but Ludwig doesn’t think they’ll be tapped into.
Why? Bad accounting, of course…or is it […]
