Chicago Olympics Financial Guarrantee

City Council Votes To Put Taxpayers On Hook For Olympics Cost Overruns

AP | DEANNA BELLANDI | Posted 11.09.2009 | Chicago


CHICAGO (AP) -- Bring on Da Games. The City Council unanimously agreed Wednesday to take full financial responsibility if Chicago is awarded the 2016...

Olympic Committee Report Finds No Clear Front Runner For 2016 Games

AP | STEPHEN WILSON | Posted 10.18.2009 | Chicago


LONDON — The Rio bandwagon seems to be picking up speed. Rio de Janeiro's bid to take the Olympics to South America for the first time in 2016 g...

Chicago Olympics Bid Dogged By Recession

New York Times | Monica Davey | Posted 08.27.2009 | Chicago


On a recent afternoon, Mayor Richard M. Daley delivered his annual speech on the condition of the city he has run for 20 years. Revenues may fall $250...

Chicago Olympics Costs To Get Independent Audit

Crain's Chicago Business | Greg Hinz | Posted 08.15.2009 | Chicago


A well-known British consulting firm has been hired to conduct an independent review of the numbers behind the proposed 2016 Chicago Olympics....

Under Fire, Daley Floats Larger Olympics Taxpayer Insurance Policy

Chicago Sun-Times | MARY WISNIEWSKI | Posted 07.29.2009 | Chicago


Mayor Daley said Saturday he wants a deal in which private insurance money would be tapped before public money if an Olympic Games in Chicago suffered...

Daley Changes Tune On Olympics Funding Guarantee

Chicago Sun-Times | LISA DONOVAN | Posted 07.27.2009 | Chicago


Facing a credibility problem over his Olympics plans, Mayor Daley sought to assure taxpayers today that the games would not cost them any additional m...

Alderman Want Olympics Leaders To Come Clean On Costs

Chicago Tribune | Hal Dardick | Posted 07.26.2009 | Chicago


Several aldermen are demanding complete details about the city's proposed financial guarantee for the 2016 Summer Olympic Games so they can have them ...

Chicago Olympic Bid Chief Downplays Taxpayer Burden, Reveals City Knew It Would Have To Ante Up

AP/Huffington Post | Posted 07.23.2009 | Chicago


The head of Chicago's Olympic bid committee tried to calm anger Monday over Mayor Daley's disclosure last week that the city will sign a contract assu...