Tuesday, January 17, 2012

Husband of ex-Playboy CEO and big Dem applies for Chicago pension--never worked for city; he was denied

Former State Senator William Marovitz, who last year settled an insider trading case regarding sale of his Playboy stock, applied for a city of Chicago pension even though he was never a municipal employee. He did this just two weeks after the stock case was settled. For nearly three decades Marovitz, a North Side Chicago Democrat, did legal work for two Chicago pension funds, while serving as a private practice attorney.

Marovitz is separated from his wife, former Playboy Enterprises CEO Christie Hefner. Until the split they were highly-ranked  among Chicago's power couples

Yep, Marovitz is a real "one-percenter." And a greedy one too.

The North Sider is already collecting over $100,000 from a government pension based upon his years in Illinois' General Assembly and serving on the Illinois Pollution Control Board. The city pension would have given Marovitz, whose uncle was also a Democratic state senator as well as a federal judge, an additional $50,000 per year.

Even Chicago can tolerate only so much graft: Marovitz was denied a city pension, the Chicago Sun-Times is reporting.

Second City Cop asks, "So for every one they catch, how many slip through the cracks?"

Plenty--is my guess.

Illinois has the nation's most-underfunded public employee pensions.

This story is so Chicago...so Illinois.

"Have you no sense of decency?"

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