Sunday, February 26, 2006
The Price for a $100,000 Investment from the State Treasurer’s Office
One of the local bankers while I was McHenry County Treasurer (1966-70) had previously been a Wisconsin county official. We got to know each other pretty well after I put out the county money for bid.
He told me the price charged by Republican Bill Scott’s Democratic Party predecessor was $100 per year for each $100,000 invested.
That is brought to mine this week because of the Chicago Tribune examination of State Treasurer Judy Baar Topinka’s campaign contributions. Here’s a sample paragraph:
He told me the price charged by Republican Bill Scott’s Democratic Party predecessor was $100 per year for each $100,000 invested.
That is brought to mine this week because of the Chicago Tribune examination of State Treasurer Judy Baar Topinka’s campaign contributions. Here’s a sample paragraph:
A Tribune analysis of her three terms in the treasurer's office shows Topinka has received at least $500,000 from banks, their political action committees and individuals listing banks as their employer. Some of the donations came from banks that have had millions of dollars in contracts with her office.Topinka has proposed that no one doing business with state government contracts of more than $25,000 be allowed to donate to the office holder in charge of the contracts.
