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Southern Illinoisan in Carbondale, Illinois

09 Dec 2011

Page 3

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Newspaper

Southern Illinoisan

Location

Carbondale, Illinois, United States of America

Date

Dec 09, 2011

Page

3

Illinois image hit as Blagojevich joins governors jailed

Illinois faces a blow to its political image as former governor Rod Blagojevich becomes the second consecutive state chief executive jailed. Analysts note a lingering stereotype of corruption, urge ethics reform, and urge time to restore trust amid calls from lawmakers for strengthened rules.

MENTIONED IN THIS ARTICLE

John Jackson Paul Simon Public Policy Institute SIU Illinois Blagojevich George Ryan Jackson Ryan Dan Walker Otto Kerner Mike Best Murphysboro
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State turns to private sector to cover old bills

The VPP enables investors to buy overdue state bills, paying vendors 90 percent upfront while the investor holds the remaining 10 percent in escrow. Delays incur 1 percent monthly interest to the investor. Illinois CMS oversees the program and says it aids cash flow at no extra state cost. Overdue bills totaling 419262.76 have been sold to Vendor Assistance Program LLC led by Dustin Mauldin. Brian Hynes notes margins are small but viable with volume.

MENTIONED IN THIS ARTICLE

Alka Nayyar Illinois Department of Central Management Services R ” Nayyar Vendor Assistance Program LLC VAP Dustin Mauldin AmeriCash Loans Illinois Secretary of State Illinois Statehouse Mauldin Brian Hynes
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Also Mentioned on This Page

Blago Rob.crow Thesouthern VETTE East Walnut Herrine Coburn/Belai Cag Vacidade UCL I Newspaper Columbia
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