24. The City Council Ratifies the Parking Meter Deal
Photo: Phil Velasquez/Chicago Tribune December 4, 2008 Rushed through the City Council with virtually no debate or public scrutiny, Mayor Richard M. Daley’s deal leased Chicago’s 36,000 parking meters to private investors for 75 years. The city got a one-time sugar rush of $1.2 billion, but the investors made back that money in 10 years, … Read more