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Loan Modification

: Mortgage Lender Implode-o-Meter

Chicago Cannibalization: Mayor Daley's Budget Eats 75% of a 75 Year rainy Day fund in One Year

By Implode-Explode Heavy Industries

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" To replace the rainy day fund, 75% used up in a year (supposedly to prevent tax hikes), Alderman Stone proposes selling city land, further cannibalizing Chicago's assets."

Full post as published by Mortgage Lender Implode-o-Meter on December 05, 2009 (boomark / email).

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