Bernard Winograd, a retired Prudential Financial Inc. executive who earlier helped devise the initial public offering for luxury-mall developer Taubman Centers Inc. in 1992, a milestone in the growth of real estate investment trusts, has died. He was 63.
The coalition of Richard-M.-Daley- is-the-greatest-mayor-ever includes Rick Garcia , Marca Bristo and Abner Mikva . That may not seem like such a big deal as they’re all Chicagoans, where Daley has been mayor for 21 years.
With the exception of Obama, there are no bigger Midwest political names than Daley and Madigan. Their Democratic dynasties have dominated Chicago and Illinois government for much of the past half century.
Dan Rostenkowski , a product of Chicago’s fabled political machine who engineered U.S. tax policy, indulged in the perks of his job during 36 years in Congress and wound up in prison for misusing funds, has died, according to a Democratic official. He was 82.
The resignation of William M. Daley as President Barack Obama’s White House chief of staff brings to mind the words of David Wilhelm when he left his post as chairman of the Democratic National Committee in 1994: “I’m going back to Chicago where they stab you in the front.”
White House Chief of Staff Rahm Emanuel, who earlier this month expressed interest in being mayor of Chicago, told his hometown media to calm down on the notion that he will run for that office in the near future.
President Barack Obama named William Daley , a JPMorgan Chase & Co . executive and former commerce secretary, as his chief of staff, putting a Washington veteran with strong ties to business into a key White House job.