The New York Times takes a look at Rockford, Illinois.
Illinois
The Shape of Things To Come
60 Minutes had a feature on the budget crisis’ that are happening at the state level. Stay with me on this one. "The most alarming thing about the state issue is the level of complacency," Meredith Whitney, one of the most respected financial analysts on Wall Street and one of the most influential women in [...]
Move over California, Illinois is broke as well
From The New York Times Even by the standards of this deficit-ridden state, Illinois’s comptroller, Daniel W. Hynes, faces an ugly balance sheet. Precisely how ugly becomes clear when he beckons you into his office to examine his daily briefing memo. He picks the papers off his desk and points to a figure in red: [...]
