The Parking Ticket Geek begs a good question on his website this morning: What's going on with Attorney General Lisa Madigan's consumer fraud investigation into Chicago's much-maligned parking meter lease?
On May 19, 2009, Madigan's office issued subpoenas to the private corporations that leased the city's meter system for a 75-year term, including Morgan Stanley Infrastructure, Chicago Parking Meters LLC, and LAZ Parking.
The investigation made a splash in the press when it was announced. But since then, over the last 16 months, there hasn't been "another peep on the subject from Madigan’s office," the Parking Ticket Geek notes.
Compare that to the time it took former city Inspector General David Hoffman to issue a blistering report about the meter lease. "[W]hen David Hoffman was the Inspector General for the City of Chicago, and while admittedly not a consumer fraud investigation, the IGO took approximately six months to scrutinize and prepare its report on Chicago’s parking meter privatization," the Geek writes.
Read the full post here.