What is a blind trust? The Better Government Association took a closer look at the personal investments of Governor JB Pritzker.A Better Government Association investigation is taking a closer look at Gov. JB Pritzker's personal investments.
When Pritzker took office, he promised to shift his portfolio into a blind trust to avoid conflicts of interest. But the BGA's report found Pritzker's blind trust includes interests in companies that earned more than $20 billion in state business since he took office. In some cases, state dollars flowed to companies registered to lobby Pritzker, who as the state's chief executive, held enormous sway over their contracts.
In a statement to the BGA, the governor's campaign said, in part, "Gov. Pritzker's trust is blind. This means he is not a part of any decisions, nor does he have any information regarding any investments. He receives no regular reporting on what the trustees and investment advisers decide to purchase and plays no role in any investment decisions. Period."
Authorities on trust law and government ethics told the BGA that because Pritzker must disclose each year what is in his blind trust, his promise to avoid conflicts of interest by remaining blind to his investments was both impractical and oversold. "If you know what you put into the trust, and you learn every year what's in it, the experts told us the trust simply isn't blind," said BGA Investigative Reporter David Jackson."Any Illinoisan who has ever worked with a financial advisor would agree that if they had no idea what their financial advisor was doing with their money, they would feel blind.
You are a blind individual living a billionaire life that Chicagoans can’t trust! We have to vote you out!
Does this explain why Illinois hasn’t paid out any Federal Covid Mortgage Relief monies? Illinois ranks in the top 3 in home foreclosures.
Beyond shocked
Why am I not surprised…
That picture kind of reminds me of when Alice Kramden would catch Ralph in one of his get rich quick schemes and Ralph would respond with one of those 'homina, homina, hominy's'
ok and? when Ryan did it no one said anything. let him alone.
Big Fat Liar
But Darren Bailey is the bad guy huh. Time for chubby to go.
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