Wednesday, November 3, 2010

Woodstock man charged in Ponzi scheme

 

Harbor Wealth Management and two subsidiaries out of an office in Schaumburg, according to the charges

raised approximately $1,920,000, claimed to invest in life settlement contracts. A second fund, which raised more than $3 million, was sold as an investment in the stock of the development of a dual-sided computer monitor

Click on the following for more details:  Woodstock man charged in Ponzi scheme - DailyHerald.com

4 Cook judges deemed unqualified by bar retained by voters - Chicago Breaking News

 

All Cook County judges who were seeking retention were successful Tuesday.

O'Neal and Jones declined to participate in the evaluation process, resulting in an automatic "not recommended" rating.

"The committee believes that if you are going to be a judge that you come before the bar associations to be vetted," Cordero said.

The Chicago Bar Association wrote that McDunn works hard but doesn't possess the requisite legal knowledge and ability to serve on the bench. The group criticized Ryan's legal acumen and temperament.

also reached a "not recommended" finding for Aurelia Pucinski, the county's former Circuit Court clerk who was elected Tuesday to the Illinois Appellate Court. She ran unopposed for a vacant spot.

The bar group found that Pucinski was respected for "her diligence and work ethic but lacks the depth and breadth of legal knowledge" to serve on the appeals court.

Pucinski, who was elected a circuit judge in 2004 and currently serves in the county division

4 Cook judges deemed unqualified by bar retained by voters - Chicago Breaking News

Massive drug tunnel with rail system discovered in pot bust at San Diego border | L.A. NOW | Los Angeles Times

passageway, equipped with lighting, ventilation and a rail system, is one of the few unearthed in recent years that appears to have been fully operational.

About 75 tunnels along the U.S-Mexico border have been unearthed in the last four years, most of them in various states of construction

Click on the following for more details:  Massive drug tunnel with rail system discovered in pot bust at San Diego border | L.A. NOW | Los Angeles Times

Rockford & Belvidere Warming Sites Named - MyStateLine.com

Note:  Only Rockford Rescue Mission has late night times

ROCKFORD SITES

Carpenter’s Place – 1149 Railroad Ave., M-F 8:15am-3:00pm

Salvation Army – 1706 18th Ave., M-F 8:00am-5:00pm

Winnebago Co. Justice Ctr. – 650 W. State St., M-F 8:00am-5:00pm

Women’s Crisis Center – 809 Cedar St., 7 days a week 8:00am-5:00pm

Public Safety Building – 420 W. State St., M-F 8:00am-8:00pm

THAT Station – 218 7th St., T-F 10:00am-4:00pm

Rockford Rescue Mission – 715 W. State St., 24/7

BELVIDERE SITES

Keen Age Center – 2141 Henry Luckow Lane, M-F 8:00am-4:30pm

Salvation Army – 422 S. Main St., M-F 9:00am-4:00pm

His Glory Mission – 209 S. State St., M-R 11:00am-4:00pm, F 11:00am-3:00pm

Rockford & Belvidere Warming Sites Named - MyStateLine.com

“Over 100 Vehicles damaged in the early morning hours of November 3, 2010.” from City of McHenry Police Department : Nixle

During the early morning hours of Wednesday November 3rd, 2010 the McHenry Police Department began to receive reports of multiple broken vehicle windows. Further investigation resulted in the investigation of over 100 separate Criminal Damage To Property calls for broken windows on vehicles that were left parked overnight in driveways.
The locations of the incidents appear to be random at this time as they are throughout the McHenry area.

“Over 100 Vehicles damaged in the early morning hours of November 3, 2010.” from City of McHenry Police Department : Nixle

Fed to launch bold, risky effort to boost economy

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The Fed owns roughly 12.5 percent of all outstanding Treasury bonds and notes. If it were to buy $1 trillion more, as some economists expect it eventually will, the portion of its holdings compared with all outstanding Treasuries could jump to 27 percent.

Some economists, and some Fed policymakers, worry further purchases could jeopardize the central bank's credibility if the impact proves small. There are also concerns the Fed's bloated balance sheet may set the stage for rampant inflation once the recovery gains traction.

Kansas City Fed President Thomas Hoenig, who is concerned the Fed's easy money policies are prelude to yet another boom and bust cycle, said on October 25 that further easing would be "a bargain ... with the devil."

Click on the following for more detailsFed to launch bold, risky effort to boost economy - Yahoo! Finance

Illinois Supreme Court Chief Justice Thomas Kilbride Retains Seat | Progress Illinois

 More than $2.5 million in campaign expense was spent for the judge to maintain his seat.  See: http://www.pantagraph.com/news/state-and-regional/illinois/article_7b1a8ff8-e395-11df-a865-001cc4c002e0.html 

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Illinois Supreme Court Chief Justice Thomas Kilbride retained his seat today after a heated battle with big business interests. With 65 percent of the vote and 74 percent of precincts reporting, Kilbride earned the 60 percent of votes needed to win a second term.

Click on the following for the election result:  Illinois Supreme Court Chief Justice Thomas Kilbride Retains Seat | Progress Illinois

Illinois StatePay

Now you can know how much the state trooper next door makes or for that matter any state employee.  Try it and find out what you can learn.

For example Boone County Treasurer, Curt Newport received a $6,500 state stipend as did Sheriff Duane Wirth.

Illinois Payroll Reports

The information in this database is from year-end payroll reports compiled by the Illinois Comptroller's office for calendar years 2008 and 2009. Each year's report includes every one who received a paycheck from the state, whether they were full-time, part-time, seasonal or a contract worker.

Click on the following to get into the data base:  StatePay