Daywatch: The latest in the Democratic primary for Cook County state s attorney – Chicago Tribune chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.
A month after Edward H. Gobbo got out of bankruptcy, Washington Federal Bank for Savings CEO John F. Gembara starting giving him millions more in loans, records show. When the bank went bust, Gobbo or his immediate family owed over $3.8 million on 27 residential loans, some years overdue.
Authorities say they’ve recovered $59 million toward the money lost when they shut down Washington Federal Bank for Savings, but they’re still out another $81 million, records show.
With Ald. Nicole Lee’s victory and Leni Manaa-Hoppenworth apparently on track to win in the 48th Ward on the North Side, the number of Asian American City Council members could grow to two.