Chicago - A message from the station manager

The [Tuesday] Papers

By Steve Rhodes

1. Obama Promises Disappear From Web.
2. Waiting For The Manning Verdict.
3. New York Times Articles Based On Manning’s Leaks.
4. More New York Times Articles Based On Manning’s Leaks.


5. Obama Says Income Gap Is Fraying U.S. Social Fabric.
His solution?
Obama Offers to Cut Corporate Tax Rate as Part of Jobs Deal.
6. “JPMorgan Chase & Co. agreed to pay $410 million in penalties on Tuesday to settle accusations by U.S. energy regulators that it manipulated electricity prices,” AP reports.
“The Federal Energy Regulatory Commission said the bank used improper bidding strategies to squeeze excessive payments from the agencies that run the power grids in California and the Midwest in 2010 and 2011.”
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“FERC claimed JPMorgan’s energy unit used five ‘manipulative bidding strategies’ in California between September 2010 and June 2011, and three in the Midwest from October 2010 to May 2011.”
*
“The White House’s new chief of staff, William M. Daley, is rich – so much so that his recent earnings from JPMorgan Chase appear to give even Jamie Dimon’s pay package a run for the money,” the New York Times reported in 2011.
“Mr. Daley, former Midwest chairman and head of corporate responsibility for the bank, made $8.7 million in 2010 and the first week of 2011, according to a 43-page disclosure report released on Friday by the White House.”
7. Fast Food Workers Kick Off Multi-City Protests For Higher Pay.
8. North Side Schools Fare Best In ‘Additional’ Budget Funds From CPS.
9. More Metra Madness.
“Metra Chairman Brad O’Halloran received nearly $22,000 for his service as an elected trustee in Orland Park despite a state law banning Metra board members from receiving a paycheck from any other government post, according to records from the southwest suburb,” the Tribune reports.
“O’Halloran – under fire for his role in a large severance package to ousted Metra CEO Alex Clifford – attempted to return the money this month, according to public records obtained Monday by the Tribune.”
10. Random Food Report: Chicken & Waffles & Flavor Flav & Lay’s.
11. ICYMI: The Cub Factor: Facts & Figures.

The Beachwood Tip Line: Thank Bradley.

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Posted on July 30, 2013