No Games Chicago today issued its own review of the Civic Federation’s review of the 2016 Committee’s finances. “What we’ve got here is the sheep paying the foxes to audit the wolves” said No Games organizer Tom Tresser. “There are so many conflicts of interest in the inception, staffing and execution of this report as to make it virtually toothless.” Nevertheless, despite the many flaws in the reporting process, the document still reveals many new reasons for Chicagoans to be concerned about the 2016 bid process and its authors.
No Games co-founder Bob Quellos concludes our analysis saying, “How can we trust the independence of L.E.K.’s report when it is was hand picked by individuals backing the bid and L.E.K. is currently competing for a contract at O’Hare’s International Terminal that is worth $33 million a year in revenue? This whole process reeks of typical Chicago politics.”
Even so, L.E.K.’s report does provide enough information to conclude that Chicago’s 2016 Olympic bid is a raw deal for the people of the city. From shaky promises about insurance policies to over inflated projections on sponsorships and donations — it is clear from L.E.K.’s report that Chicago 2016 is attempting to sell the people of the city a lemon.
Read our statement. It’s got links to references and other articles to back up our assertions.