Illinois Public Media News

WILL - Illinois Public Media News - March 08, 2011

Danville Mayoral Candidate Denies Offering Opponents Jobs

Two candidates for Danville mayor contend they were each offered a job by opponent Jim McMahon in exchange for giving up their campaigns.

Rickey Williams and David Quick both say they were offered the position of Vermilion county treasurer. Quick tells the Danville Commercial-News he was offered the job by McMahon himself, while Williams says it came through a supporter of the County Board Chairman, and he wasn't sure if McMahon was aware of it himself.

Williams says he has no intention of leaving the race, and has integrity.

"I'm not for sale. Even when I was on the (Danville) city council, someone attempted to bribe me about a liquor license," he said. "I made that public knowledge then. It's against everything I stand for as a person. We need somebody who's going to be forthright, and have the best interests of the people at heart. And backroom deals are not the way to represent the people's voice."

McMahon said Williams' comments make no sense, when considering that County Treasurer Sue Stine was just re-elected to office and does a good job. McMahon admitted that he suggested to Quick that he drop his campaign and team up with him, since their campaigns have similar messages regarding higher taxes, although both names would still appear on the ballot.

"Any time you have bad publicity it could damage your campaign," McMahon said. "But I hope people understand and would rise above this. This is a business decision, trying to help a businessman who basically was in 4th place, to come up and join my team so we could be together as committee traveling forward. What more can you ask for when you got fourth and first working together?"

McMahon also said it makes no sense to offer Quick a job, since he is a successful restaurant owner. Quick could not be reached for comment Tuesday,

Categories: Economics, Government, Politics

AP - Illinois Public Media News - March 08, 2011

Blagojevich Withdraws Travel Request

A Rod Blagojevich spokesman says logistics problems forced his attorneys to withdraw a request that the former Illinois governor be allowed to travel to England.

A court filing Tuesday says only that the motion had been taken back.

But Blagojevich spokesman Glenn Selig explained later that there was too little time to organize the trip -- even had Judge James Zagel granted permission.

The defense had asked Zagel to let Blagojevich leave the country to speak at an Oxford Union event this week. The Oxford Union is a debating and speaking society in Oxford, England.

Before Blagojevich's first trial, Zagel turned down a travel request when Blagojevich wanted to go to Costa Rica to appear on a reality TV show.

Blagojevich's corruption retrial is scheduled to begin April 20.

Categories: Criminal Justice, Politics
Tags: crime, politics

AP - Illinois Public Media News - March 08, 2011

Indiana House Still Divided Over Union Issue

(With additional reporting from the Associated Press)

House Democrats continue to stay away from the Indiana Statehouse, despite the fact their absence is now hitting their own pocketbooks.

Indiana House Majority Speaker Brian Bosma hopes to get business started Tuesday. The Republican leader didn't have any luck Monday restarting the session.

"Roll call shows 62 members present. For the beginning of the third week in a row, we fail to have a quorum for the conduct of business, much to the pleasure of the protesters," Bosma said as union organizers could be heard cheering outside the House chamber.

Bosma said the House levied $250 against each absent Democrat. About 30 or so remain in Urbana, Illinois. Fines will continue each day until they return.

Democrats are boycotting the current legislative session because of what they view as anti-union legislation proposed by the GOP.

Democratic Rep. Terry Goodin of Austin said his fellow caucus members are prepared to stay out "as long as it takes" to get Republicans to agree to changes, even if that means staying out past June 30 when the current budget expires.

Goodin says if that happens, Democrats wouldn't be to blame for shutting down the government. He says it's Bosma's responsibility to negotiate and bring back Democrats.

While the standoff inside the Indiana statehouse continues, union groups plan to continue rallying just outside. The Indiana AFL-CIO says it expects thousands of union workers to attend a "We Are Indiana" rally Thursday morning.

(Photo by Michael Puente/IPR)

Categories: Government, Politics

WILL - Illinois Public Media News - March 07, 2011

UI Student Hit by Multiple Vehicles Dies

A University of Illinois student who was struck by two vehicles over the weekend has died.

The Champaign County coroner's office said 21-year-old Bradley Bunte died late Monday morning - he had been in critical condition since late Friday night, when an eastbound van clipped him at University and McCullough in Urbana. Bunte was then run over by a second vehicle.

He was a Champaign native and a sports reporter for the Daily Illini.

(Photo courtesy of Facebook)

Categories: Education

AP - Illinois Public Media News - March 07, 2011

Ill. Senate Leader: Tax Some Retirement Income

The president of the state Senate says Illinois should consider taxing the retirement income of some senior citizens.

Chicago Democrat John Cullerton said Monday that Illinois needs to overhaul its "outdated" tax system. As part of that process, the state could tax pensions or 401(k) plans for wealthier retirees.

He told the City Club of Chicago this could bring in roughly $1.6 billion a year, which could then be used to lower other taxes.

A spokeswoman says Cullerton would pursue the idea only if it was revenue neutral and had Republican support.

Democratic Gov. Pat Quinn said he hadn't seen Cullerton's proposal but would be willing to consider it in the interest of tax "fairness.

Categories: Economics, Government, Politics

WILL - Illinois Public Media News - March 07, 2011

Unofficial St. Patrick’s Day Brings Large Groups to C-U

Events Friday tied to the Unofficial St. Patrick's Day brought in a large amount of people to East Central Illinois...thanks in part to the social networking website, Facebook.

Extra police officers from Champaign, Urbana, and the University of Illinois campus were stationed around the community to prevent major disruptions and maintain public safety. There were 364 people who received court appearance notices for charges related to indecent behavior and public intoxication, and more than half of those cases were people who lived outside the Champaign-Urbana area.

While these figures are up from 2010 and 2009, Urbana Police Lieutenant Robert Fitzgerald said he thinks his department did a great job during the night.

"The police departments were all out there in force to make sure that everyone was safe," Fitzgerald said. "I don't think we could change much in the next year than what we did this year."

Meanwhile, a University of Illinois student who was struck by two vehicles over the weekend has died. According to the Champaign County coroner's office, 21-year-old Bradley Bunte passed away late Monday morning. He had been in critical condition since late Friday night, when an eastbound van clipped him at University and McCullough in Urbana. Bunte was then run over by a second vehicle. He was a Champaign native and a sports reporter for the Daily Illini.

Urbana Police are not saying at this point if the incident was connected to the Unofficial St. Patrick's Day celebrations.


AP - Illinois Public Media News - March 07, 2011

Illinois Governor Says He Will Act on Death Penalty Legislation this Week

Gov. Pat Quinn says he will act this week on a bill that would abolish executions in Illinois.

Quinn said Monday that he's "going to act" this week, but not Tuesday. He said there's still information he wants to read and research he wants to do before acting on the legislation.

The legislation reaches Quinn after former Gov. George Ryan dramatically cleared the state's death row in 2000.

Quinn has said his decision will be based on his conscience. He has spent two months consulting with prosecutors, murder victims' families, death penalty opponents and religious leaders as he weighs his options.

Illinois is one of 35 states to have the death penalty. The state currently does not carry out executions because of the 2000 moratorium.

Categories: Government, Politics

WILL - Illinois Public Media News - March 07, 2011

Despite Mining Opponents, Board Chair Says It Can’t Be Blocked

Opponents of a plan to locate a coal mine in Southern Vermilion County will take their concerns before the County Board this week.

Sunrise Coal, which is in the process of buying mineral rights, wants to build on the county line, reaching into Eastern Champaign County. The group 'Stand Up to Coal' is led by retired farmer Charles Goodall of rural Sidell. He contends that a mine would devastate water quantity and quality, as well as public health.

"They (Sunrise) actually started sending out land agents well before there was any public discussion of the issues that inevitably affect everyone, not just a few people who are leasing," Goodall said. "The community in that sense was heavily disadvantaged. I happen to think that in a democracy, we all ought to be involved in these big discussions."

Vermilion County Board Chairman Jim McMahon said it's good to get these issues out in the open, but he says there are no zoning regulations in place to prevent the mine.

"Homeowners should be well informed of what is trying to be built in your community, and whether you support it or not." he said. "And that's when you come to your land usage people and say, 'You know what? The best interest of us might not be coal. Or the best interests of us might not be a hog farm.' That's when the public gets to stand at the plate, but when there's no zoning, there are no regulations that says they can't do any of that stuff."

McMahon said it would take two years before a land usage plan could be developed in Vermilion County. Champaign County Board members learned last fall that the Illinois Attorney General couldn't block Sunrise from locating in the area.

McMahon said there are no agenda items addressing coal at Tuesday night's Vermilion County Board meeting, but least two opponents to Sunrise's plan are expected to speak. The meeting begins 6 p.m. in the board room in the Vermilion County Courthouse Annex building in Danville.


AP - Illinois Public Media News - March 07, 2011

Schakowsky: Gas Prices Could Cause Another Recession

Chicagoans are paying steep prices at the gas pump lately. It's prompted one Chicago congresswoman to call for action against the oil companies.

U.S. Rep. Jan Schakowsky, D-Chicago, said Monday gas prices are so high, they could create another recession.

"I think we need to put on the table everything, including dipping into the reserves, in order to avoid that," Schakowsky siad. She said the U.S. government should end its subsidies to oil companies because their profits are so high.

Meantime, new statistics from AAA show Chicagoans are paying an average of $3.72 per gallon at gas pumps. That's 37 cents higher than last month.

"We're seeing very, very high oil prices for, really, any time of the year," Beth Mosher, a spokeswoman for the organization, said. "The situation in Libya, the unrest in Libya, has prices very, very high."

Mosher suggests commuters stick to public transit - since prices aren't expected to come down for at least the next few weeks.

(Photo by Tony Arnold/IPR)


AP - Illinois Public Media News - March 07, 2011

Judge To Weigh Rival Plans In Trib Bankruptcy Case

A two-week hearing begins Monday to determine the fate of Tribune Co. more than two years after an ill-advised $8.2 billion buyout drove one of the oldest U.S. media companies into bankruptcy protection.

The proceedings follow four years of tumult and intrigue at Tribune Co. The company has been through the disgrace of a bankruptcy case that has lasted far longer than planned, a CEO departure triggered by complaints about management's raunchiness and the whiff of a financial scandal fanned by a court-appointed examiner's conclusion that parts of the 2007 buyout had bordered on fraud.

The hearing in U.S. Bankruptcy Court in Wilmington, Del., will affect the ownership of the Los Angeles Times, the Chicago Tribune, The Sun of Baltimore, other daily newspapers and 23 television stations. The TV stations include Chicago-based WGN, which reaches more than 70 million homes nationwide, mostly through cable and satellite systems.

The hearing edges Tribune Co. closer toward shedding most of the roughly $13 billion that it carried into bankruptcy protection. If it can unload the debt, the company believes it can make money while it tries to adapt to a marketing shift to the Internet.

Judge Kevin Carey is being asked to choose between two competing reorganization plans. The plans differ in their appraisals of Tribune Co.'s current value and their limitations on which participants in the troublesome buyout can be sued for saddling the company with too much debt.

Either way, the outcome is likely to leave Tribune Co. controlled by its creditors. The new owners are expected to replace the patchwork management team that has been running the Chicago-based company since the previous CEO, Randy Michaels, resigned in October amid complaints about risque conduct.

Tribune Co., founded in 1847, filed for bankruptcy protection in December 2008, making it the first major U.S. newspaper publisher to do so during the Great Recession. The deep downturn magnified the challenges facing newspaper publishers as readers and advertisers moved from print to digital alternatives.

The slump prompted more than a dozen other newspaper publishers to follow Tribune Co. into bankruptcy protection. Like Tribune Co., several of them were saddled with billions of debt taken on during better times. Most of them have emerged from bankruptcy protection already.

The complex 2007 buyout engineered by real estate mogul Sam Zell complicated Tribune Co.'s effort to return to normal business operations. The allegations of financial conduct made many creditors less inclined to make concessions during negotiations on a reorganization plan. The independent examiner's report last summer prompted the company to back off one proposal.

This month's hearing makes it more likely that Tribune Co. will finally emerge from bankruptcy court this year. The legal fallout could last for years, however. Both plans envision creditors pursuing lawsuits in an attempt to recover more of their losses, and there could be an appeal of Carey's decision in the case.

The stakes riding on the resolution of the convoluted saga are expected to attract a crowd. Carey is setting up a video feed in an overflow room to accommodate up to 100 more people beyond the 175 spectators that can cram into his courtroom. The judge also is clearing space in the courtroom for more than 2,000 exhibits expected to be submitted during the hearing.

"It will take some time and involve some tedium," Carey said during a housekeeping hearing last week.

The hearings also could shed more light on Tribune Co.'s operations and the behind-the-scenes maneuvering that led to the Zell buyout, which took the company private and turned employees into part-owners.

Reams of documents in the case have been kept under wraps to protect what has been described as confidential business information. Carey so far has rejected requests to unseal the documents, but he has warned that some of the information could come out during the hearing because he doesn't plan to close the courtroom.

Tribune Co. favors a plan that would turn over ownership to the company's major creditors, including some that had helped line up the ruinous financing, which already has triggered lawsuits. It would shield the lenders involved in the buyout from lawsuits after the company emerges from Chapter 11. Opponents of the plan contend it would also block attempts to sue former Tribune Co. shareholders who received $4.3 billion in the buyout's first phase.

This proposal has the backing of Tribune's Co.'s proposed new owners - a group led by banker JPMorgan Chase & Co., distressed debt specialist Angelo, Gordon & Co. and hedge fund Oaktree Capital Management. It's also supported by Tribune Co.'s committee for unsecured creditors.

A group of creditors that owns Tribune Co. debt issued before the Zell buyout has proposed an alternative plan primarily because they want fewer limits on which parties can be sued for alleged fraud. The plan also contends these note holders, led by hedge fund Aurelius Capital, are entitled to be paid bankruptcy claims totaling $1.2 billion instead of $761 million offered in the proposal backed by Tribune Co.

Zell, still Tribune Co.'s chairman, has filed objections to both plans because he and a business arm, Equity Group Investments, would remain exposed to lawsuits alleging fraud.

The competing reorganization plans also came up with dramatically different estimates on Tribune Co.'s business value. The company-backed plan pegs it at $6.7 billion, compared with $8.3 billion in the Aurelius-led proposal.

Tribune Co. has been gradually recovering from the recession, primarily because of an industry-wide revival in television advertising. The company's revenue last year totaled $3.1 billion, 2 percent below 2009, based on court documents.

But the company still gets more of its revenue from newspapers and other publishing sources. Tribune Co. has predicted its revenue this year will decline 4 percent, dip another 2 percent in 2012 and slip 3 percent in 2013.

Those forecasts assume the new owners won't break the company apart by selling some of the newspapers and TV stations.

Categories: Business, Economics

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