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Olympics Thu Aug 27 2009

Civic Fed Report on the Olympics Proposal

Calling it "very gratifying", local supervillain insurance magnate Patrick Ryan was eager to discuss the findings of the Civic Federation's long-awaited review of the Bid Committee's proposal. Crain's is summarizing the report as being generally supportive, with the (significant) exception of the real estate risk being taken by the massive Olympic Village planned for the destruction of Bronzeville revitalization of the Michael Reese hospital site. Their suggestion is that the city buy more insurance.

To review, the Civic Fed's recommendations, including that the city buy more insurance, left local insurance magnate Patrick Ryan feeling "very gratif[ied]".


ardecila / August 29, 2009 4:07 PM

Really? An organization attempts a balanced, fair survey of the potential benefits vs costs to the city of Chicago 2016, and all you can do is make little snide remarks about Patrick Ryan? If this is your "winning strategy" for defeating the Mayor's Olympic dreams, I'd say Daley has nothing to worry about.

How about some analysis? If you have a rationally-based belief that Chicago 2016 will be harmful to the city, then the Civic Fed's report must somehow be in error.

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