Jessica Corbett is a senior editor and staff writer for Common Dreams.
The Chicago Teachers Union on Wednesday demanded a state investigation into a series of loan deals made with 'predatory' Wall Street banks under ex-Mayor Rahm Emanuel and former Illinois Gov. Bruce Rauner that left the city's school system 'broke on purpose.' 'For years, banks scammed with predatory financial deals, taking money out of our classrooms and shortchanging our students,' CTU detailed in an online contract update.
JB Pritzker, the Chicago Board of Education, and city officials including Treasurer Melissa Conyears-Ervin and Mayor Brandon Johnson, a former CTU organizer, 'must all play a role in helping fund our schools and undoing the damage from the Rahm and Rauner years of predatory bank deals, and the decades of inadequate state funding.
Chicago Public Schools Chicago Teachers Union Jpmorgan Chase Rahm Emanuel Wall Street Chicago
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