As reported by Crain’s Chicago Business reporter, Greg Hinz:
Olympic chief admits errors, but promises full disclosure
Posted by Greg H. at 6/22/2009 3:10 PM on Chicago Business
The head of the city’s Olympics bid team Monday conceded that officials intentionally withheld news about a key shift in the city’s Olympics financing scheme so as not to risk landing the 2016 Games.
But, in a damage control press conference, Chicago 2016 Chairman and CEO Patrick Ryan said full details about the risk to tapayers will be presented to the City Council late this summer — and strongly suggested that aldermen would have to give their approval before any final contract is signed.
No Games has been warning the good people of Chicago, the media and our complacent civic watchdog organizations about this for months.