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1. FDIC banks on lawsuits to recover money Banks don’t like it when the Federal Deposit Insurance Corporation takes them over, but the FDIC doesn’t like it either — particularly when they must absorb all the failed institution’s losses. In order to recoup some of this money, the FDIC may sue up to 109 former executives of failed banks, reports Christine Ricciardi of […]...
2. Rights expanded for Illinois prisoners A federal judge has significantly changed how the the Illinois corrections system operates: inmates can now challenge orders sending them to the maximum security Tamms Correctional Center. According to George Pawlaczyk of the Belleville News-Democrat (a Southwestern Illinois paper that has done a series on conditions at Tamms), U.S. District Judge G. Patrick Murphy ruled […]...
3. Share of Cost, Chicago’s plan to spend federal education aid The Chicago Public Schools will use federal education aid to return class sizes to their normal level, reports the Chicago Sun-Times’ Rosaland Rossi. Illinois gets $400 million in education money from a bill Congress passed last week to help states make education and Medicaid payments. About $105 million of this will go to Chicago and […]...
4. Rearranging the waiting room chairs Monique Garcia of the Chicago Tribune reports that the Illinois Senate voted 58-0 to enact a series of reforms to the state Medicaid system. As the vote indicates, the reforms are hard to argue with. Unfortunately, as I’ve reported, they do very little to resolve the state’s Medicaid financing crisis — a crisis that can […]...
5. Proving the Asian carp threat Here is the most powerful evidence yet that Asian carp will invade the Great Lakes unless the Army Corps of Engineers takes action.  Dan Egan of the Journal Sentinel reports that scientists who found carp DNA in the Chicago canal system, a few miles off of Lake Michigan, had their work approvingly peer-reviewed by the […]...
6. Getting guns out of Chicago A critical part of the Chicago gun control debate is why so many weapons were already in the city before handguns became legal to carry this month. The Chicago Tribune’s Becky Schlikerman reports one successful instance of the city teaming up with the FBI to seize 60 unregistered and illegal guns from 25 city residents. […]...
7. Daley could lend voice to oft-ignored rich, connected Chicagoans Barack Obama named William Daley his new Chief of Staff yesterday. While Daley has held many titles — like Commerce Secretary for Bill Clinton — he is arguably best known, at least in Chicago, as brother and son of Richard M. Daley and Richard J. Daley, who have combined to serve as Chicago’s Mayor for […]...
8. Share of Cost, The Number Of U.S. Adults Treated For Diabetes More Than Doubled Between 1996 And 2007 Approximately 19 million U.S. adults reported receiving treatment for diabetes in 2007, more than double the 9 million who said they received care in 1996, according to the latest News and Numbers from the Agency for Healthcare Research and Quality. AHRQ also found that between 1996 and 2007: — The number of people age 65 […]...
9. Share fo Cost, UNICEF: 6 Million Children Affected By The Floods In Pakistan; Some 2.7 Million In Need Of Immediate, Life-saving Assistance As the figures continue to rise, UNICEF says that 6 million children have been affected by the floods in Pakistan with some 2.7 million children in need of urgent, life-saving assistance. According to UN estimates, a total of 14 million people have been affected by the flood crisis....
10. No closing time for foreclosure epidemic The Chicago Tribune’s Tim Jones reports on shortcomings in Housing and Urban Development’s Neighborhood Stabilization Program, a crucial component part of Washington’s push back against home foreclosures. Chicago received $155 million from the $6 billion federal program, and proceeded to direct that money to neighborhoods most impacted by foreclosures in 2006 and 2007. Foreclosures have  […]...
11. Federal News Digest Washington Post Pentagon push to phase out top brass causing much consternation – Craig Whitlock reports on Secretary Gates’ effort to reduce number of generals, admirals, he complains of  “brass creep,” sends message that Defense Dept. is serious about cutting costs Oil spill shows difficulty the Coast Guard faces as it balances traditional tasks with […]...
12. How do insurance companies set prices for Medigap policies? How do insurance companies set prices for Medigap policies?...
13. Share of Cost, Medi-Cal Share of Cost, Bristol-Myers Squibb And ADAP Crisis Task Force Announce Enhanced, Multi-year Support For AIDS Drug Assistance Programs (ADAPs) In The United StatesU.S. Increases Pakistan Flood Aid Contribution; Sen. Kerry To Visit Flood-Hit Pakistan “The State Department said Thursday that the U.S. financial commitment to Pakistan flood relief has reached $76 million,” VOA News reports (Gollust, 8/12). “On assistance to Pakistan, to date, approximately $76 million in assistance has been provided … by the U.S....
14. Share of Cost, Einstein Receives $4 Million To Test HPV Microbicide Share of Cost, Einstein Receives $4 Million To Test HPV Microbicide — The National Cancer Institute has awarded Albert Einstein College of Medicine of Yeshiva University $4.1 million to test the microbicide Carraguard® against the human papillomavirus (HPV), which causes cervical cancer. The research will evaluate the efficacy of Carraguard®, a clear gel made from […]...